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)
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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.
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