City Council Resolution 2026-22 (Kids Haven Assess)CITY OF MONTICELLO
WRIGHT COUNTY, MINNNESOTA
RESOLUTION 2026-22
RESOLUTION ADOPTING ASSESSMENT PURSUANT TO TERMS OF DEVELOPMENT CONTRACT
AND ASSESSMENT AGREEMENT
WHEREAS, the City of Monticello and Kids Haven LLC, the successor Owner and Developer
of Lots 11 Block 1 of the plat of Jefferson Commons Fifth Addition, are party to a Development
Contract dated April 13, 2026 ("Development Contract"); and
WHEREAS, the City's adopted Assessment Policy provides for the City to levy certain
special assessments against the project property for Sewer Availability Charges (SAC) and Water
Availability Charges (WAQ and
WHEREAS, Kids Haven, LLC has entered into a Sewer Availability and Connection Charges
(SAC) and Water Availability and Connection Charges (WAC) Agreement dated April 13, 2026; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MONTICELLO,
MINNESOTA:
1. The Assessment Agreement and the assessments identified therein shall be allocated to
each lot in the plat and payable pursuant to the terms of the Assessment Agreement.
2. The Development costs of $230,033.32 are hereby adopted and shall constitute a
special assessment against the property identified in the Assessment Agreement and
hereby made part of this Resolution by reference and that such property is hereby
found to be benefitted by the proposed improvements in the amount of the
assessments levied against it.
3. Such assessment shall be payable in equal annual installments extending over a period of
ten 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 10% per annum on the remaining
principal balance each year. Interest will begin to accrue on the principal balance
commencing from the date of the assessment agreement. To each subsequent
installment, when due, shall be added interest for one year on all unpaid installments.
4. The owner of any property so assessed may, at any time prior to November 15, 2026, pay
the whole of the assessment on such property, to the city treasurer, and he/she may, at
1
CITY OF MONTICELLO
WRIGHT COUNTY, MINNNESOTA
RESOLUTION 2026-22
any time thereafter, pay to the city clerk 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.
5. The 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.
ADOPTED this 13th day of April, 2026, by the City Council of the City of Monticello,
Minnesota.
ATTEST:
MONTICELLO CITY COUNCIL
By:
Lloyd Hilgart, Ma or
a
CITY OF MONTICELLO
WRIGHT COUNTY, MINNNESOTA
RESOLUTION 2026-22
"EXHIBIT "A"
[ASSESSMENT AGREEMENT]