City Council Resolution 2010-67CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION 2010-67
ADOPTING ASSESSMENT ROLL CERTIFYING
2010 STREET RECONSTRUCTION IMPROVEMENT ASSESSMENTS
FOR 2011 PAYABLE TAX YEAR
CITY PROJECT NO. 100001
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 2010 Street
Reconstruction project consisting of Area 4A, which includes West River Street between
Chestnut Street and State Highway 25 and adjoining side streets between West Broadway and
West River Street or Front Street; the municipal parking lots on Block 35 and 52; and Prairie
Road between Nicholas Circle and Wright County Highway 75;
NOW, THEREFORE, BE IT RESOL VED BY THE CITY COUNCIL OF MONTICELLO,
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, 2011, and shall bear interest at the rate of 4% (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 31, 2011.
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 up to November 30, 2010, pay
the whole of the assessment on such property to the City Treasurer, except that no interest
shall be charged if the entire assessment is paid within the stated time frame from the
adoption of this resolution. In any subsequent year, the owner may pay to the City
Treasurer 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
before 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.
ADOPTED BY the Monticello City Council this 25th day of October, 2010.
CITY OF MONTICELLO
Clint Herbst, Mayor
ATTEST:
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Jef ' ill, City Administrator