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78-48 .' ....... ,., ; .-. CITY OF CHANHASSEN CARVER A D HENNEPIN COUNTIES, MINNESOTA . RESOLUTION LAKE RILEY SEWER & STREET IMPROVEMENT PROJECT 77-2 BE IT RESOLVED b the City Council of Chanhassen, Minnesota, as follows: Resolution No. 78-48 Seconded by Councilman Pearson Date: September 5, 1978 Motion by Councilman aux e. 1. The amount roper and necessary to be specially assessed at this time for Lake Riley Sewer & Street Improvement Project 77-2 against every assessable lot, piece or parce of 1an affect d thereby has been duly calculated upon the basis of benefits, witho t regard to cash valuation, in accordance with the provisions of M'nnesota Statutes, Chapter 429, and notice has been duly published nd mailed as required by law, that this Coun- cil would meet to hear, onsider, and pass upon all objections, if any, and said proposed a sessment has at all times since its filing been open for public ins ection, and an opportunity has been given to all interested persons t present their objections, if any, to such proposed assessments, an said proposed assessment has been amended as to certain parcels of 11and as to the Council seems just. 2. This Counci , having heard and considered all objections so presented, and being u11y advised in the premises, finds that each of the lots, pieces and parcels of land enumerated in the pro- posed assessment as so a ended was and is specially benefitted, as measured by the increase in market value thereof, by the construction of said improvement in n t less than the amount of the assessment set opposite the description jof each such lot, piece and parcel of land, and such amount so set oJt is hereby levied against each of the re- spective lots, pieces an~ parcels of land therein described. e 3. The assessm nt against each parcel, together with intere~ at the rate of 7 % per annum accruing on the full amount thereof from time to time unpaid, sha 1 be a lien concurrent with general taxes u~on such parcel and all ther of. The total amount of each such assessment shall be payable in equa annual principal installments extending over a period of 15 years, he first of said installments, together with interest on the entire a sessment from the date hereof to December 31, 19~, to be collectable Iwith general taxes in the year 19~, and one of each of the remaining linsta11ments, together with one year's inte- rest on that and all oth~r unpaid installments, to be payable with general taxes in each corlsecutive year thereafter until the entire assessment is paid. I I 4. It is hereb~ declared to be the intention of the Council to reimburse itself in tHe future for the portion of the cost of this improvement paid for fro~ municipal funds by levying additional assess ments, on notice and hea~ing as provided for by the assessments herein made, upon any propertie abutting on the improvement but not herein assessed for the improve ent when changed conditions relating to such properties make such ass ssment feasible. I -. ~ . .. ...-..... . ,'"'l,; , . 5. To the extent properties which may be se later extensions or improv assessed therefor, it is h Council, as authorized by the City by adding the por levied for any such later that this improvement benefits non-abutting ved by the improvement when one or more ments are made, but which are not herein reby declared to be the intention of the innesota Statutes, S429.05l, to reimburse ion of the costs so paid to the assessments xtensions or improvements. 6. Prior to cert'fication of the first installment of the assessment to the County A ditor, the owner of any lot, piece or par- cel of land assessed hereb may at any time pay the whole of such assessment with interest t the date of payment, to the City Treasurer, or he may make partial pay~ents pursuant to the ordinances providing therefor, but no interest ~hall be charged if such whole or partial payment is made within 30 days after the date of this resolution; and he may thereafter pay to t e County Treasurer the installment and interest in process of col ection on the then current tax list, and he may pay the remaining prin ipal balance of the assessment to the City Treasurer. Such payment m st be made before November 15 or interest will be charged through De ember 31 of the next succeeding year. e 7. The City Cler /Manager shall file the assessment rolls pertaining to this assessmfnt in his office and shall certify annually to the county auditor on 0 before October 10 of each year the total amount of installments and interest which are to become due in the following year on the asse sment on each parcel of land included in the assessment roll. i 8. The City Clerl/Manager shall also mail to each owner of a right of way or public pro~erty included in the assessment roll a notice specifying the amoupt payable by such owner as required by Minnesota Statutes, S429.0pl, Subd. 4. I Adopted by the Council of ~he City of Chanhassen this 5th day of September , 19 78 . I I I I I I ~~~~ ATTEST: Ie