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HomeMy WebLinkAboutResolution No. 431-15 - PropertyTaxCollectionRESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City certify with the Olmsted County Auditor the collection of the obligations contained in the assessment agreement for alley improvements related to the 5th on 5th Development as noted in the attached resolution with the collection of taxes over ten years at 5% interest. Interest will start accruing on the date of Council approval. 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) Res15Wdopt\CertDevChgObli2 MIM ME RESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of and execute an assessment agreement with 5t" on 5t" LLC for alley repair and resurfacing. 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 9th DAY OF September f 2015. w•w rc�. Res 15\P W WssessAg r\03