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City Council Resolution 2006-39CITY OF MONTICELLO RESOLUTION NO. 2006-39 RESOLUTION DECLARING COST TO BE ASSESSED, ORDERING PREPARATION OF ASSESSMENT ROLL AND CALLING FOR HEARING SCHOOL BOULEVARD/DEEGAN AVENUE STREET LIGHTING PROJECT NO. 2005-22C WHEREAS, contracts have been let for the construction of street lighting improvements on School Boulevard from Edmonson Avenue to the termination of School Boulevard in the plat of Jefferson Commons and along ]Deegan Avenue within the Jefferson Commons plat and Prairie Ponds development; and WHEREAS, the total cost of said improvement to be is $364,227; NOW THEREFORE BE IT HEREB FRESOLVED BF THE CITY COUNCIL OF Tom' CITY OF MONTICELLO, MINNESOTA AS FOLLOWS: 1. The City Council hereby determines that $364,227 shall be assessed against benefitted property owners based upon benefits received without regard to cash valuation. 2. The City Administrator shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land without regard to cash valuation as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection. 3. A hearing shall be held on the 221 day of May, 2006 at 7 p.m. at the Monticello City gull to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. 4. The City Clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing and shall state in the notice the total cost of the improvement. He shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearing. 5. 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 the assessment. T"ne property owner may at any time thereafter, pay to 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 succeeding year. Adopted by the Monticello City Council this 81 day of May, 2006. ATTEST: Clint Herbst, Mayor Rick Wolfsteller, City Adninistrator