City Council Resolution 2009-63CITY OF MONTICELLO
RESOLUTION 2009 -63
ADOPTING ASSESSMENT ROLL
FALLON AVENUE PAVEMENT REHABILITATION
CITY PROJECT NO.09CO05
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 for the improvement of Fallon Avenue
between Chelsea Road and School Boulevard by the rehabilitation of the street and other appurtenant
work,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA:
Such proposed 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 benefitted 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 five or ten
years, the first of the installments to be payable in the tax year of the first Monday in January,
2010, and shall bear interest at the rate of 4.5% 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, 2010. 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 up to November 30, 2009, pay the
whole of the assessment on such property to the City Treasurer, with interest accrued to the
date of payment, except that no interest shall be charged if the entire assessment is paid within
30 days from the adoption of this resolution. In any subsequent year, the owner may pay to
the City Treasurer the entire principal amount of the assessment remaining unpaid, with the
exception of the amount assessed on the current taxes. Such payment shall be made before
November 15 or interest will be charged through December 31 of the next succeeding year.
4. The clerk shall forthwith transmit a certification 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 by the Monticello City Council this 26th day of October, 2009.
ATTEST: ��zez
Clint Herbst, Mayor
Jeff Oi , i y Administrator