City Council Resolution 2018-87CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION 2018-87
ADOPTING ASSESSMENT ROLL CERTIFYING
7TH STREET, CHELSEA ROAD AND WASHINGTON STREET IMPROVEMENTS AS
RELATED TO THE FALLON AVENUE OVERPASS PROJECT
FOR 2019 PAYABLE TAX YEAR, CITY PROJECT NO. 16CO06
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 7 t Street, Chelsea Road,
and Washington Street Improvements as related to the Fallon Avenue Overpass Project, City
Project 16C006, for the reconstruction of street, sidewalk and trail improvements; and other
appurtenance work; and
NO W, THEREFORE, BE IT RESOL VED B Y THE CITY CO UNCIL OF MONTICELL 0,
MINNESOTA:
1. Such proposed assessment, copies of which are 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 annual installments extending over a period of ten
years, the first of the installments to be payable in the tax year of the first Monday in
January, 2019, and shall bear interest at the rate of 5% (percent). To the first installment
shall be added interest on the entire assessment from October 22, 2018 (date of the
assessment adoption) until December 31, 2019. To each subsequent year's installment,
interest for entire year shall be added on the unpaid balance. The city may accept credit
card payment for assessment prepayment plus a service charge of 3.5%.
3. The owner of any property so assessed may, at any time up to the end of day November
26, 2018, pay the whole of the assessment on such property to the city, with no interest.
In any subsequent year, the owner may pay to the city the entire principal amount of the
assessment remaining unpaid, with the exception of the amount assessed on the current
taxes. Such payment shall be made by November 15 or interest will be charged through
December 31 of the next succeeding year.
4. The 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.
5. The right to partially prepay the assessment is not available.
ADOPTED BY the Monticello City Council this 22"d day of October, 2018.
ATTEST:
Jeff 04 , City Administrator
CITY OF MONTICELLO
Bria Stumpf,