Res. #06-048 - Hunters Crossing 3rd Add. Assessments

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t::erville 'L..~aJjasficd- 18."'>7 STATE OF MINNESOTA COUNTY OF ANOKA CITY OF CENTERVILLE 1880 ::A-lain Street, Cent:-erviffe,. 7t4~ 55038 6514293232 or Pa.x. 651 4298629 RESOLUTION #06 - 048 A RESOLUTION FOR HEARING ON PROPOSED ASSESSMENTS (MUNICIPAL UTILITIES AND STREET IMPROVEMENTS) FOR THE SUBDIVISION KNOWN AS HUNTERS CROSSING 3rd ADDITION WHEREAS, by a resolution passed by the Council on March 8, 2006 the City Engineer was directed to prepare a proposed assessment of the cost of improvements associated with the Hunters Crossing 3rd Addition~ and WHEREAS, the Clerk has notified the Council that such proposed assessment has been completed and filed in his/her office for public inspection~ and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA: 1. Such proposed assessment, a copy of which is attached hereto (Exhibit A) and made a part hereof: is hereby accepted and shall constitute the special assessments 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 10 years, the first of the installments to be payable on or before the first Monday in January 2007, and shall bear interest at the rate of 5.75% per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 2006. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. 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 Clerk, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. He/she may at any time thereafter, pay to the City Clerk 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. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the County. Such assessments shall be collected and paid in the same manner as other municipal taxes.