HomeMy WebLinkAboutResolution No. 069-25 - Resolution - Adopting Assessments Reconstruction of 17.5 St NW from 19 Ave NW to 21 Ave NW - Project No. J7855
RESOLUTION
Adopting assessment for Reconstruction of 17 1/2 St NW from 19 Ave NW to 21
Ave NW (RPU Project IO# 7013911) - Project No. J7855
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, Reconstruction
of 17 1/2 St NW from 19 Ave NW to 21 Ave NW (RPU Project IO# 7013911) - Project No.
J7855 (“Project”) and
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester
that:
1. Such proposed assessment roll, a copy of which is attached hereto and
made a part hereof, is hereby accepted and shall constitute the special
assessment roll for the lands named therein, and each tract of land
therein included is hereby found to be benefited by the proposed
improvement in the amount of the assessment levied against it.
2. The owner of any property may prepay the entire assessment to the City Clerk
whose office is located at 201 Fourth Street SE, Room 135, Rochester,
Minnesota 55904. No interest is charged to a prepayment made within 30 days of
both adoption of the assessment by the Common Council and written notice from
the City that the assessment is due and payable and set for certification to the
county auditor for collection (the 30-day interest free period). Prepayment outside
the 30-day interest-free period is allowed any time prior to certification of the
assessment or the first installment thereof to the County Auditor. If prepayment
is made prior to November 15, interest shall be charged from the beginning of the
30-day interest free period to December 31 of the year of payment. If prepayment
is made after November 15, interest will be charged from the beginning of the 30-
day interest free period through December 31 of the next succeeding year.
3. If prepayment is not made, the amount will be certified to the County Auditor
to be spread on the tax rolls over a period of 10 years at an annual rate of
4.5 percent on the unpaid balance amortized.
4. Certification shall occur when the project is substantially complete. The clerk
shall transmit a certified duplicate 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.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2025.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2025.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)