Res. #23-014 - Adopting Special Assess. on 2022 Thin Mill & Overlay Project - Re-Assess.

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CITY OF CENTERVILLE RES. #23- (L A RESOLUTION ADOPTING SPECIAL ASSESSMENTS ON 2022 THIN MILL & OVERLAY PROJECT — RE -ASSESSMENT WHEREAS, pursuant to proper notice duly given as required by law, the council has met and heard and passed upon all objections to the proposed assessment for the 2022 Thin Mill & Overlay Project, the improvement of roadways/streets: within the Hunter's Crossing 2nd and 3rd Additions, Pheasant Marsh 1 st, 2nd and 3rd Additions, Dupre Road —from Partridge Place to a point 200' north of Center Street and Progress Road— north of Main Street. This resolution is limited to the reassessment of the cost of improvements only to the following parcels, as Res. #23- 009 addresses all other benefiting properties of the project. 1617 Dupre Road — PIN #23-31-22-33-0062 1644 Dupre Road — PIN 926-31-22-22-0015 1694 Dupre Road — PIN #26-31-22-22-0020 1715 Dupre Road — PIN #23-31-22-34-0005 1640 Widgeon Circle — PIN #23-31-22-33-0058 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CENTERVILLE, MINNESOTA: 1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the 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 of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of three (3) years, the first of the installments to be payable on or before the first Monday in January, 2024, and shall bear interest at the rate of five (5) percent per annum from January 1, 2024. To the first installment shall be added interest on the entire assessment from January 1, 2024 until December 31, 2024. To each subsequent installment, when due, shall be added interest for one year on all unpaid installments. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the city treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he/she may, at any time thereafter, pay to the city treasurer 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 next succeeding year.