City Council Resolution 2007-82CITY OF MONTICELLO
RESOLUTION NO. 2007-82
RESOLUTION ADOPTING ASSESSMENT ROLL
CORE STREET RECONSTRUCTION PROJECT NO. 2007 -01C
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 to Area 3 of the Street Reconstruction
Program including River Street from Craig Lane to CSAH 75, Craig Lane, Kenneth Lane, Hillcrest
Road, Hillcrest Circle, Hilltop Drive, Matthew Circle and on River Street from CSAH 75 to the City
ball fields by widening the streets, street reconstruction including milling and overlay, curb and gutter,
sidewalk, storm sewer, extension of sanitary sewer and water main along River Street in the area of the
ball fields, replacement of sanitary sewer on Craig Lane and other necessary appurtenant work;
NOW THEREFORE, BE IT IIEIdLBYRE'SOL IVED B E THE C177 COUNCIL OF
MONTICELLO, MINNESOTA:
1. 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 benefited by the proposed improvement in
the amount of the assessment levied against it.
2. 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 2008,
and shall bear interest at the rate of five 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, 2008. 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, except that no interest shall be charged if the entire
assessment is paid within 30 days from the adoption of this resolution; and the property owner,
may, at any time thereafter, pay to the City 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.
Adopted by the Monticello City Council this 22"d day of October, 2007.
ATTEST:
A.."
Jeff 0 ' Administrator
Brian Stumpf, Actin a or