HomeMy WebLinkAbout2026.05.04 RESO 2026-13 Adopting Assessment for BEIP Area St. Project RESOLUTION 2026— 13
RESOLUTION ADOPTING ASSESSMENTS FOR THE
2026 BALD EAGLE INDUSTRIAL PARK AREA STREET IMPROVEMENT PROJECT
CITY OF HUGO,WASHINGTON COUNTY, MN
WHEREAS,pursuant to proper notice duly given as required by law, the council has met and
heard and passed upon all objections to the proposed assessment against abutting property
generally located along the following roadways:
• 130th Street N from Europa Trail to Forest Blvd N/Trunk Highway 61 (TH 61)
• Farnham Avenue N from the south terminus to 130th Street N
• Fenway Blvd N from 130th Street N to 140th Street N
• 140th Street from Fenway Blvd N to Forest Blvd/TH 61
• Fenway Blvd Court N from Fenway Blvd to its eastern terminus
The improvements include partial roadway reconstruction, mill and overlay, spot curb and gutter
replacement, minor drainage improvements, and trail construction.
NOW, THEREFORE, IT BE RESOLVED,by the City Council of the City of Hugo,
Minnesota, as follows:
1. Such assessment, a copy of which is attached hereto and made a part hereof, is hereby
accepted and shall constitute the special assessment against the lands named therein, and
each tract of land therein included is hereby found to be benefited by the proposed
improvement in the amount of the assessment levied against it.
2. Such assessment shall be payable in annual installments extending over a period of 10
years, the first of the installments to be payable on or before the first Monday in January
2027, and shall bear interest at the rate of 4.55%per annum from the date of the adoption
of this assessment resolution. To the first installment shall be added interest on the entire
assessment from November 15, 2026 until December 31, 2026. To each subsequent
installment when due shall be added interest for one year on all unpaid installments.
3. The owner of any property so assessed may, at any time prior to certification of the
assessment to the county auditor, pay the whole of the assessment on such property, with
interest accrued to the date of payment, to the city finance director, except that no interest
shall be charged if the entire assessment is paid by November 15, 2026; and may, at any
time thereafter, pay to the city finance director the entire amount of the assessment
remaining unpaid, with interest accrued to December 31 of the year in which such
payment is made. Such payment must be made before November 15 or interest will be
charged through December 31 of the next succeeding year.
4. The city clerk shall forthwith transmit a certified duplicate of this assessment to the
county auditor to be extended on the property tax lists of the county. Such assessments
shall be collected and paid over in the same manner as other municipal taxes.
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Upon roll call, the following members voting AYE: Krull, Miron, Petryk, Strub
Upon roll call, the following members voting NAY: None
Whereupon said resolution was declared passed and adopted this 4I'day of May' _26:----------
om Weidt, Mayor
ATTEST:
Michele Lindau, City Clerk