City Council Resolution 2008-77CITY OF MONTICELLO
WRIGHT COUNTY, MNNESOTA
RESOLUTION NO. 2008-77
RESOLUTION ADOPTING SPECIAL ASSESSMENTS ASSOCIATED
WITH THE CONSTRUCTION OF TURN LANES AND ASSOCIATED UTII,TTY
Il"PROVEMENTS TO SERVE
N1QI.LS PROPERTIES, INC. (PID NO. 155-011-000190 and 155- 011 - 000102) AS
PART OF CHELSEA ROAD RECONSTRUCTION PROJECT NO. 2006-31C
WHEREAS, the City has received and approved a Public Improvement and
Assessment Agreement from the property owner of the properties with Pid Nos. 155 -011-
000190 and 155 -011- 000102 waiving its right to special assessment hearings for all fees
associated with the construction of turn lanes on Chelsea road and associated sanitary
sewer, watermam and storm sewer utility work and all other appurten=es to serve the
Properties in connection with Chelsea Road Reconstruction Project No. 2006 -31 C.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of
Monticello, Minnesota:
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 stud the tract of land tlmz included is hereby found to be
benefited by the proposed improvements 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 (10) years, the first of the installments to be payable on or before the
first Monday in January, 2009, and shall bear interest at the rate of five percent
(5) per armum from the date of adoption of this assessment resolution. To the first
installment shall be added interest on the entire assessment from December 1,
2008 until Dec.°mtber 31, 20079. '1 esun, subsequent installment when due shall be
added interest for one year on all unpaid installments.
3. The property owner may, at any time prior to certification of the assessment to the
County, 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 thirty (30) days from the adoption of this
:olcti and the a+er may at any time thereafter pay the City the entire
amount of the assessment remaining unpaid with interest accrued to December 31
of the year in which the payment is made. Such payment must be made before
November 30 or interest will be charged through December 31, of the next
succeeding year.
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4. The City Clerk shall forthwith transmit a certified duplicate of this assessment to
the County to be extended on the proper tax lists of the County and such
assessments shall be collected and paid over in the same manner as other
municipal taxes.
5. The total cost of the improvement assessed by this resolution is $88,844.29.
ADOPTED this 22nd day of September , 2008, by the City Council of
the City of Monticello, Nkmasota.
CITY OF MONTICELLO
By:
Clint Herbst, Mayor
ATTEST:
'll City Administrator
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