HomeMy WebLinkAboutResolution No. 255-15 - Dokena.AssessAgreementRESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of
and execute an assessment agreement with Krishna Swamy Dokena and Krishna Vanaja
Dokena, for Unit 20, Common Interest Community No. 175, The Willows Condominium for
assessments associated with City Project J-2208.
BE IT FURTHER RESOLVED that the City remove and vacate the one year assessment
for this property authorized by the Council on 5/4/15, and certify the collection of the J2208
obligations contained in the Assessment Agreement over a term of 5 years at 5.5% interest
commencing with the collection of 2016 Property Taxes, and consistent with the terms of the
Assessment Agreement.
The Mayor and the City Clerk are authorized and directed to execute this assessment
agreement on behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS DAY OF , 2015.
ATTEST:
PRESIDENT OF SAID COMMON COUNCIL
CITY CLERK
APPROVED THIS DAY OF , 2015.
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res 15\P W WssessAg r\02