HomeMy WebLinkAboutResolution No. 358-10 D-Z',�;
Form 12
RESOLUTION
. WHEREAS, pursuant to proper notice duly given as required by law,the lommon Council met on the 8th day
of Septemberer,2010, for the .3urpose of considering the reduced assessments of the following improvement(s):
Project No. 6200-W-05 (J-7742) "Reconstruct Center Street from 1"Avenue West to the Zumro River Bridge"
and hearing and passing upon all objection thereto; and,
' considered the project and reduced assessment as resented,
WHEREAS, the Council co p � P
NOW THEREFORE,BE IT RESOLVED by the Common Council of the City of Rochester, Minnesota:
Such proposed asse ssrnent,a copy of which is attached hereto and made a part hereof, is hereby accepted and
shall constitute the special asse sment against the lands described therein, and each tract of land therein included is
hereby found to be benefited b the proposed improvement(s)in the amount of the assessment levied against it.
Such assessment shall e payable in equal annual installments extending ver a period of ten (10)years,the
first of the installments to be payable on the first Monday in January,2011 and shall bear interest at the rate of 6.0
percent per annum from the da e of this resolution until December 31,2011. To each subsequent installment when due
shall be added interest for one ear on all unpaid installments.
The owner of any property so assessed may, at any time priorto certifi cat on of the assessment to the County
Auditor, pay the whole of the assessment on such property,with interest accrued t the date of payment,to the City
Treasurer, except that no interest shall be charged if the entire assessment is paid i vithin 30 days from the adoption of
this resolution. He may therea ler pay to the County Treasurer the installment an interest in process of collection on
the current tax list, and he may pay the remaining principal balance of the assess ent to the City Treasurer,
The City Clerk shall fi e the assessment rolls pertaining to this assessmen in her office and shall certify
annually to the County Auditor on or before October 1 Oth of each year the total amount of installments and interest
which are to become due in the following year on the assessment on each parcel c f land included in the assessment
roll.
The City Clerk shall fi e for recording with the Olmsted County Recorder a certified statement containing the
legal description of the affecte I properties and the amount of the assessment deferred on it.
PASSED AND ADOP ED BY THE COMMON CO CIL OF THE CI OF ROCHESTER,
MINNESOTA,AT A MEET G THEREOF HELD THIS AY OF SEPT E ,2010.
PRESIDENT OF SAID COMMON COUNCIL
ATTEST:
'CVYV CLERK
APPROVED THIS 9th DAY OF SEPTEMBER . 2010
MAYOR OF SAID CITY
• (Seal of the City of
Rochester, Minnesota)