City Council Resolution 2004-90RESOLUTION 2004-90
RESOLUTION ADOPTING ASSESSMENT
2004 CORE STREET PROJECT NO. 2004-06C
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 to the
following streets: Fairway Drive, Club View Drive, Bunker Circle, Center Circle, Sandtrap Circle,
Eagle Circle, Kampa Circle, Meadow Oak Avenue, Meadow Oak Lane, White Oak Circle, Acorn
Circle, Maplewood Circle, Red Oak Lane, Red Oak Circle, Meadow Lane, Oakview Lane and Meadow
Oak Drive, by street reclamation and reconstruction, curb and gutter repair and replacement where
needed, utility repairs and replacement where needed, construction of drain tile where needed and other
necessary appurtenant work including trunk utility improvements as needed pursuant to Minnesota
Statutes § 429.011
NOW, THEREFORE, BE IT RESOLVED BY THE CITY 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 benefitted 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, 2005
and shall bear interest at the rate of 5.' F- 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 -3 1, 2m;5%. 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 8th day of November, 2004.
ATTE
Rick Wolfsteller, City dministrator
Olt —I�L ez
Bruce Thielen, Mayor