HomeMy WebLinkAboutResolution No. 434-06 _ f
_, m..._+--.n.+.m-ersrsm...�x,*.+�x`tnm.+.i.r�.-iT*T-w^n'R...unv:nv........•.. iT.-+s'... .�+..TT+.+..•.+-+...F:-+r.........:i-a---..-�..-.._..-:«...�..u.s.a _mtlu..is't..__
RESOLUTION
M
WHEREAS, Resolution No. 335-03 set the interest rate on non-Water Quality Protection
Program (WQPP) development charge assessments at.5%; and
WHEREAS, the Resolution requires an annual review of this rate on August 1st of each
year; and,
WHEREAS, the Common Council of the City of Rochester has reviewed the rate and
wishes to revise it for the period August 12, 2006, through August 10, 2007.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Rochester that the City does hereby adopt an interest rate on non-WQPP special assessments
in the amount of 6.5% for the period August 12, 2006, through August 10, 2007.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF .THE CITY OF
ROCHESTER, MINNESOTA, THIS DAY OF , 2006.
RESIDENT OF SAID COMMON COUNCIL
ATTEST: �)QJDIA'9
IL , LVk6 CITY CL RK
APPROVED THIS aand DAY OF ' 2006.
i
MAYOR OF SAID CITY -
(Seal of the City of
Rochester, Minnesota)
Res05/Adopt.DevChgAssl ntRate.06
i