HomeMy WebLinkAboutResolution No. 035-22 - Resolution - Assessment Hearing Project No. J7843
RESOLUTION
Holding a Public Hearing and Approving Proposed Assessments for Improvement
for the 9th St SE Reconstruction - Project No. J7843.
WHEREAS, pursuant to proper notice duly given as required by law, the Common Council
of the City of Rochester has met and heard all objections to the proposed assessment for
Improvement Project No. J7843, improving 9th St SE from 4th Ave SE to Slatterly Park.
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 Nov. 15, interest shall be charged from the beginning of the 30-day interest free
period to Dec. 31 of the year of payment. If prepayment is made after Nov. 15,
interest will be charged from the beginning of the 30-day interest free period
through Dec. 31 of the next succeeding year.
3. If prepayment is not made, the amount will be certified to the County Auditor to be
spread out on the tax rolls over 10 years at an annual interest rate of 3.50 percent
on the unpaid balance amortized.
4. Certification shall occur when the project is substantially complete. At that time 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 _______________, 2022.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2022.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)