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2007-26 . . . CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DA TE: Auril9.. 2007 RESOLUTION NO: 2007 - 26 MOTION BY: Peterson SECONDED BY: Ernst A RESOLUTION CALLING THE ASSESSMENT HEARING FOR THE 2007 STREET IMPROVEMENT PROJECT NO. 07-02 WHEREAS, Minnesota State Statute 429 regarding special assessments for public improvement projects requires City Council to officially set the assessment hearing date for capital improvement projects. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CHANHASSEN, MINNESOTA: 1. A hearing shall be held on the 14th day of May, 2007 in the Council Chambers at city hall at 7:00 p.m. to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. 2. The city clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing, and shall state in the notice the total cost of the improvement. The clerk shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearings. 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 of Chanhassen, except that no interest shall be charged if the entire assessment is paid within 60 days from the adoption of the assessment. The property owner may at any time thereafter, pay to the City of Chanhassen 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. Passed and adopted by the Chanhassen City Council this 9th day of April, 2007. ATTEST: ~Lj To d Gerhardt, City Manager YES Furlong Ernst Peterson Tjomhom NO None ABSENT None RECUSED Litsey