City Council Resolution 2006-42RESOLUTION 2006 -42
RESOLUTION ADOPTING ASSESSMENT
STREET LIGHTING IMPROVEMENTS PROJECT NO. 2005-22C
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 School Boulevard
from Edmonson Avenue East through the Jefferson Commons plat and along Deegan Avenue within
the Jefferson Commons and Prairie Ponds development by the installation of street lights and other
appurtenant work,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MIIgNESOTA;
1. Such proposed assessment, a copy of which is attached hereto and made a part hereof9 is
hereby accepted and shall constitute the special assessment against the lands named therein,
and each tract of land therein included is hereby futmd to be benel_tted 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, 2007
and shall bear interest at the rete of 6% 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, 2007. 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 Treasurer, except that no interest shall be charged if the
entire assessment is paid within 30 days from the adoption of this resolution; and he may, at
any time thereafter, pay to the City Treasurer 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 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 22nd day of May, 2006.
ATTEST:
Clint Herbst, Mayor
r
Rick Wolfsteller, City A4ministirator