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City Council Resolution 2016-69CITY OIL MONTICEILLO WRRG HIT COUNTY, MINNESOTA RESOLUTION NO. 2016 -069 RESOLUTION REL EASING SPECIAL ASSESSMENT RECORDED AGAINST PID # 155-010-029020,413 WEST 4TH S'TREE'T' WHEREAS, the City of Monticello adopted Resolution 2013 -62 approving a Special Assessment against a residential lot located at 413 — West 4"' Street, PID # 155- 010- 02920, to offset expenditures related to demolition and nuisance fees; and WHEREAS, the amount assessed to 413 — West 4t" Street is $10,000; and WHEREAS, the assessment was recorded as Document No. A1245285 by the Wright County Recorder's office on August 20, 2013; and WHEREAS, the City of Monticello Economic Development Authority (EDA) which currently owns the property is asking the City Council to consider releasing the Special Assessment in order to facilitate the sale and transfer of the property to a prospective buyer NOW, THEREFORE ICE IT RESOLVED, by the City Council of the City of Monticello, Minnesota, as follows: 1. The assessment placed against 413 — West 4t1' Street, PID # 155- 010 - 029020, as a result of Resolution No. 2013 -62, dated August 12, 2013, is hereby immediately released upon the property and against the current owner, the City of Monticello EDA. 2. The City Clerk shall forthwith transmit a certified duplicate of this Resolution to the Wright County Recorder for recording Dated: September 26, 2016 The motion for the adoption of the foregoing resolution was introduced by Council Person The subject Resolution was duly seconded by Council Person PO �� V , and upon vote being taken, the following voted in favor thereof: and the following voted against same: 'kvt Ndfve ' - �Uw l , I Whereupon said Resolution was declared duly passed and adopted. Brian KStuimpf, Mayor ATTEST: f �t JJe' ifer e ber, City Clerk 2