HomeMy Public PortalAbout1992-039r
Member tft- eMet l introduced the following resolution and moved its
adoption:
CITY OF MEDINA
RESOLUTION NO. /c2 -3?
RESOLUTION ADOPTING ASSESSMENT ROLL FOR
IMPROVEMENT PROJECT NO. 19053-C FOR
CONSTRUCTION OF A TRUNK SANITARY SEWER FROM
THE JUNCTION WEST OF TOWER DRIVE NORTHWARD
APPROXIMATELY 2600 FEET NORTH OF T . H . 55 TO A
POINT NEAR MEANDER ROAD.
WHEREAS, it has been proposed to construct a trunk sanitary sewer
improvement generally from the existing junction west of Tower Drive northward
approximately 2600 feet north of T . H . 55 to a point near Meander Road; and
WHEREAS, pursuant to published and mailed notice thereof, a public hearing
on said improvement project was held before the city council on May 19, 1992 and
June 2, 1992; and
WHEREAS, at said public hearing all persons wishing to comment on the
proposed assessment were given an opportunity to address the city council.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Medina, Minnesota as follows:
1. The proposed assessment roll, 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 benefitted by the improvement in the amount of the assessment levied
against it .
2. The assessment shall be payable in equal annual assessments extended
over a period of 15 years, the first of the installments to be payable on or before the
first Monday in January, 1993, and shall bear interest at the rate of 8 percent 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, 1993. 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 clerk -treasurer, except that no interest shall be charged if the entire
assessment is paid within 30 days from the adoption of this resolution; and the owner
may, at any time thereafter, pay to the city clerk -treasurer the entire amount of the
assessment remaining unpaid, with interest accrued to December 31 of the year in
RHB36967
ME230-149
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. Notwithstanding anything herein to the contrary, payment of the
principal of the assessment shall be deferred against the land named in the
assessment until such time as a final plat is approved for the property by the city
council. Portions of the assessed property not granted final plat approval or which
are platted as outlots shall continue to benefit from said deferment until approval of
a final plat or replat. In no event, however, shall any of the land named in the
attached assessment benefit from such deferment for a period of more than five years
from the date of adoption of this assessment. As the property is platted or after five
years from the date of adoption of this assessment, whichever occurs first, the
principal of the assessment shall be made payable in equal annual installments . The
number of such installments shall be equal to the term of this assessment then
remaining. Interest on the deferred assessment shall be required to be paid
annually at such times as the principal would have been paid except for the
deferment .
5. The city clerk -treasurer is authorized and directed to transmit a
certified copy 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 .
Dated: June 16, 1992.
o ite, Mayor
ATTEST:
La ra L. Mo rbe, A�ting Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by member
f e(0/7)1 and upon vote being taken thereon, the following voted in favor
thereof : N%P/ , eto f , Th, )°S
g&e X /01 s lyprY
and the following voted against same: /7pn e
Whereupon said resolution was declared duly passed and adopted.
RBB36967
ME230-149
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