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HomeMy Public PortalAbout2020-42 Resolution Adopting Assessment Roll for Hickory Drive Street & Utility ProjectMember Anderson introduced the following resolution and moved its adoption: CITY OF MEDINA RESOLUTION NO. 2020-42 RESOLUTION ADOPTING ASSESSMENT ROLL FOR HICKORY DRIVE STREET & UTILITY PROJECT WHEREAS, the finance director, with the assistance of the city engineer and public works director, prepared a proposed roll regarding the assessment of benefited properties for a portion of the cost of the Hickory Drive reconstruction project which consisted of a road reconstruction and utility improvements; and WHEREAS, pursuant to notice as required by law, the city council conducted a public hearing on August 4, 2020, with regard to the proposed assessments and heard and passed upon all objections to the proposed assessment. NOW, THEREFORE, BE IT RESOLVED by the city council of the city of Medina, Minnesota, as follows: 1. The proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute a special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the improvement in the amount of the assessment levied against it. 2. The special assessment shall be payable in equal annual installments extending over a period of 15 years, the first installment to be payable with property taxes in 2021, and shall bear interest at the rate of 3.85% 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 the date of this resolution until December 31, 2021. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. Any assessment of a property in green acres status will go directly into deferment, accruing interest at a compounded rate. The whole of the assessment on such property may be paid at any time to the city finance director, with interest accrued through December 31 of the year in which such a payment is made. 4. The owner of any property so assessed may, at any time prior to November 15, 2020, pay the whole of the assessment on such property to the city finance director, with interest accrued to the date of payment, except that no interest shall be charged if the entire assessment is paid within 30 days of the adoption of the assessment. Thereafter, any owner may 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. Resolution No. 2020-42 August 4, 2020 5. The finance director shall forthwith transmit a certified duplicate of this resolution to the county auditor to be extended on the property tax lists of the county and such assessments shall be collected and paid over in the same manner as other municipal taxes. Dated: August 4, 2020. Kathleen Martin, Mayor ATTEST: 4721 6<i) Jodi allup, City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member DesLauriers and upon vote being taken thereon, the following voted in favor thereof: Albers, Anderson, DesLauriers, Martin, Pederson And the following voted against same: None Whereupon said resolution was declared duly passed and adopted. Resolution No. 2020-42 2 August 4, 2020 MAP ID PID PROPERTY OWNER PROPERTY ADDRESS ASSESSMENT 1 1111823410003 RAYMOND H & SHIRLEY M LUNDE 972 HAMEL RD MEDINA, MN 55340 $17,844.55 2 1111823410004 WESTCREEK PROPERTIES LLC 3575 HICKORY DR MEDINA, MN 55340 $33,659.28 3 1111823410005 KMM LAND DEVELOPMENT LLC 3595 HICKORY DR MEDINA. MN 55340 $30.089.30 4 1111823140014 STEVEN R & MARY J HUGHES 3600 HICKORY DR MEDINA, MN 55340 $77,081.95 5 1111823410006 WESTCREEK PROPERTIES LLC 900 HAMEL RD MEDINA, MN 55340 $54,696.81 $213,371.91 Resolution No. 2020-42 3 August 4, 2020 Assessment Map Hickory Drive Project Medina, MN Resolution No. 2020-42 August 4, 2020 4