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<br /> / (; 72- <br /> / (1JI1 trr <br /> 2. That the assessed amount may be prepaid and to whom . <br /> The property owner has until April 30, 1998 to prepay at least fifty (50) percent of <br /> the principal balance amount directly to the City of Arden Hills. Subsequent <br /> prepayments must be made payable to and received by Ramsey County Department <br /> of Property and Records. <br /> 3. \Vhether partial prepayment has heen authorized by Ordinance <br /> Partial payment of at least 50 percent of the assessment is authorized by City <br /> Ordinance ifmade prior to April 30, 1998. <br /> 4. Time within which prepayment may he made without interest <br /> Prepayments received prior to April 30, 1998, will not be charged interest. <br /> 5. Rate ofTnterest to be accrued if assessment is not prepaid <br /> Interest for this assessment will be determined after the assessment Public Hearing <br /> when Council adopts the final assessment roll. <br /> 6. \Vhat is the appeal procedure? <br /> If a property owner does not believe the proposed assessment provides <br /> commensurate benefit to the property, the owner may appeal the assessment. In <br /> order to appeal to district court, the property owner must serve notice upon the <br /> Mayor or City Administrator/Clerk within 30 days of adoption of the assessment <br /> roll. The property owner can only do this after having filed a written, signed . <br /> objection prior to the assessment hearing or having presented the objection to the <br /> Mayor at the assessment hearing: The notice of appeal must be filed with the Clerk <br /> of the district court within ten (10) days after being served to the City <br /> Administrator/Clerk. <br /> I hope that this information assists you with your understanding of the formal hearing <br /> notice. The City encourages your attendance at the assessment hearing since your property <br /> is directly affected by the proposed improvements. If you have any questions or concerns <br /> about your proposed assessment, I would encourage you to provide them in writing to City <br /> staff prior to the hearing. Staff could then review these issues and be better prepared to <br /> respond to these issues at the hearing. You may also contact the project engineer, Greg <br /> Brown, at 373.6479 or City Accountant, Terry Post, at 633-5676 if you have any questions <br /> about the proposed assessment or need additional information about this process. <br /> Sincerely, <br /> k;A <br /> Brian Fritsinger <br /> City Administrator/Clerk <br /> . <br /> -..---...--------- <br />