City Council Resolution 1997-51RESOLUTION 97- s ~
RESOLUTION DECLARING COSTS TO BE ASSESSED
AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL
FOR HIGH SCHOOL TRUNK STORM SEWER
PROJECT 97-07C
WHEREAS, a contract has been let with Arcon Construction, Inc., for the
improvement of 2,800 ft of 12-inch RCP storm sewer between School Boulevard and
County Road 118 through the high school property, and the contract price for such
improvement is $224,554.50, and the expenses incurred or to be incurred in the
making of such improvement are estimated to be $62,875, so that the total cost of
the improvement would be $287,429.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
MONTICELLO, MINNESOTA:
1. The portion of the cost of such improvement to be paid by the City is
estimated to be $136,600, and the portion of the cost to be assessed against
benefiting property owners would be $150,829.
2. Assessments shall be payable in equal annual installments extending over a
period of 10 years, the first of the installments to be payable on or before the
first Monday in January, 1998, and shall bear interest at the rate of 6 %
per annum from the date of adoption of the assessment resolution.
3. The City Administrator, with the assistance of Consulting Engineer, WSB &
Associates, shall forthwith calculate the proper amount to be specifically
assessed for such improvement against every assessable lot, piece, or parcel
of land within the district affected, 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.
4. A hearing shall be held on the 24th day of November in the city hall at 7 p.m.
to pass upon such proposed assessment, and at such time and place, all
persons owning property affected by such improvement will be given the
opportunity to be heard with reference to such assessment.
5. The City Administrator is hereby directed to cause a notice of hearing on the
proposed assessment to be published once in the official newspaper at least
two weeks prior to the hearing, and he shall state in the notice the total cost
of the improvement. He shall also cause mailed notice to be given to each
owner of each parcel described in the assessment roll not less than two weeks
prior to the hearing.
Resolution 97- s ~
Page 2
6. 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, except that no
interest shall be charged if the entire assessment is paid within 30 days from
the adoption of the assessment. He 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 succeeding year.
Adopted by the City Council this 27th day of October, 1997.
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Mayor
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City Administr or