HomeMy WebLinkAboutResolution No. 336-03 •
RESOLUTION
WHEREAS, Exmplar, Inc., has requested that the charges associated with the City's
sewer and water project attributed to the Stone Bridge Development be apportioned on a per
platted lot basis with accruing interest.
NOW, THEREFORE, BE IT RESOLVED that the City of Rochester hereby agrees to:
1. Apportion cost of the sanitary sewer and watermain across 24 lots abutting
the sewer line route for a period not to exceed five years from March 4,
2002.
2. Adopt an assessment interest rate of 5.0% with an annual review and
revision on August first of each year concurrent with the standard rate
adjustments.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
*ROCHESTER, MINNESOTA, THIS DAY OF , 2003.
4�
PRESIDENT OF SAID COMMON COUNCIL
ATTEST:
ITY CLERK
APPROVED THIS �'� DAY OF C;9Z1',y , 2003.
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res2000\Resole.DevChargeAssess.2
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