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HomeMy WebLinkAbout07-058 CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 07-58 RESOLUTION ADOPTING DEFERRED SPECIAL ASSESSMENT ROLL FOR THE 2007 PMP IMPROVEMENTS WHEREAS, pursuant to proper notice the Arden Hills City Council conducted a public hearing, received objections to the levy of Special Assessment and ruled on the objection to the levy of Special Assessment for the City of Arden Hills 2007 Pavement Management Program Improvements, which includes the maintenance of the streets by milling, paving, repair of concrete curb and gutter, repair of utilities and necessary appurtenances of the following street: Royal Lane WHEREAS, the following property abuts Royal Lane but has a postal address of 1465 Floral Drive: The East 250 Feet Of The South 350 Feet Of The North 1/2 Of The Southwest 1/40fThe Southwest 1/4; Subject To Easements In Section 22 Township 30 Range 23 WHEREAS, according to current City Code, this property could be further subdivided, and WHEREAS, the Arden Hills City Council determined that the Special Assessment for the above property would be deferred until the sale or further subdivision of the property, or the expiration of 20 years from the date of the adoption of this Deferred Special Assessment Roll, which ever event occurs first. NOW, THEREFORE, BE IT RESOLVED by the Mayor and the City Council that: 1. Such deferred assessment roll, a copy of which is attached, is hereby accepted and shall constitute the deferred special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount ofthe assessment levied against it. \\metro-ineLus\ardenhills\Admin\Council\Resolutlons\2007\07-58, Adopting Deferred Special Assessment Roll 2007 PMP .doc 2. Such deferred assessment shall be payable in full upon the sale of the property; further subdivision of such property; or the expiration of 20 years, whichever event occurs first, and shall bear interest at the rate of 6.5 percent per annum from the date ofthe adoption of this deferred assessment resolution. 3. If the adopted deferred assessment differs from the proposed assessment as to any particular lot, piece, or parcel of land, the City Administrator shall mail to the owner a notice stating the amount of the adopted assessment. The administrator must also notify affected owners of any changes adopted by the Council in interest rates or prepayment requirements from those contained in the notice of the proposed assessment. 4. The owner of any property so assessed may, at any time prior to certification ofthe assessment to the county auditor, pay the whole of the assessment on such property, to the City Administrator, no interest shall be charged ifthe entire assessment is paid within 30 days from the adoption of the assessment. The owner may at any time thereafter, pay to the County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. 5. The City Administrator shall forthwith prepare and transmit a certified duplicate ofthis deferred assessment to the County Auditor to be extended on the property tax lists of the county. Such deferred assessments shall be collected and paid over in the same manner as other municipal taxes. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HIL THIS 11th DAY OF JUNE, 2007. ATTEST: fl ,_A)~l J ~ Q i( ~ 'l/f!{ Michelle Wolfe, CITY MlNISTRATOR \\melro-inel.us\ardenhills\Admin\CouncilIResolutions\2007\07-58, Adopting Deferred Special Assessment Roll 2007 PMP.doc