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City Council Resolution 2016-66CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2016-066 DECLARING COSTS TO BE ASSESSED, ORDERING PREPARATION OF ASSESSMENT ROLL, AND CALLING FOR AN ASSESSMENT HEARING TO ADOPT AN ASSESSMENT ROLL FOR THE 2016 STREET RECONSTRUCTION PROJECT, CITY PROJECT NO. 15CO01 WHEREAS, contracts have been let and the project is currently under construction and including the street reconstruction, sidewalk improvements, storm sewer improvements sanitary sewer improvements; and watennain and pump house improvements; WHEREAS, the total costs of the improvements are $4,800,000; NO W THEREFORE BE IT HEREB Y RESOL VED B Y THE CITY CO UNCIL OF THE CITY OF MONTICELL0, MINNESOTA AS FOLLOWS: 1. The City Council hereby determines that $1,145,335 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 24th day of October, 2016 at 6:30 p.m. in the Council Chambers at the Monticello Community Center 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. The Clerk 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. Payment of the balance in whole must be made before November 30, 2016, or interest will be charged through December 31" of the succeeding year for the first year's portion of the assessment. In subsequent years, the property owner may at any time thereafter, pay to the City the balance of the assessment remaining unpaid after the current year, provided such payment is made prior to November 30t". 6. The City Clerk shall forthwith transmit a certification 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 26th day of September, 2016. CITY OF MONTICELLO Brian Stumpf, Ma r ATTEST: Cam' Jeff O' e' ltity Administrator