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82-52 ~ ~ A P&I + CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA RESOLUTION e COULTER DRIVE AND CITY CENTER IMPROVEMENT PROJECT 80-1 APPROVAL OF ASSESSMENT ROLL AS AMENDED Dated September 7, 1982 Motion by Councilmember Hamilton Resolution No. 82-52 Seconded by Councilmember Neveaux BE IT RESGLVEEl,by the City Council of Chanhassen, Minnesota, as follows: e 1. The amount proper and necessary to be specially assessed at this time for Coulter Drive and City Center Improvement Project 80-1 against every assessable lot, piece or parcel of land affected thereby has been duly calculated upon the basis of benefits, without regard to cash valuation, in accordance with the provisions of Minnesota Statutes, Chapter 429, and notice has been duly published and mailed as required by law, that this Council would meet to hear, consider, and pass upon all objections, if any, and said proposed assessment has at all times since its filing been open for public inspection, and an opportunity has been given to all interested persons to present their objections, if any, to such proposed assessments, and said proposed assessment has been amended as to certain parcels of land as to the Council seems just, a copy of which assessment as amended is attached hereto and made a part hereof. 2. This Council, having heard and considered all objections so presented, and being fully advised in the premises, finds that each of the lots, pieces and parcels of land enumerated in the proposed assessment as so amended was and is specially benefited, as measured by the increase in market value thereof, by the construction of said improvement in not less than the amount of the assessment set opposite the description of such lot, piece and parcel of land, and such amount so set out is hereby levied against each of the respective lots, pieces and parcels of land therein described. 3. The assessment against each parcel, together with interest at the rate of 7% per annum accruing from the date of the adoption of this assessment resolution on the full amount thereof from time to time unpaid, shall be a lien concurrent with general taxes upon such parcel and all thereof; provided, however, that the City Council reserves the right by resolution to periodically adjust the rate of interest payable on unpaid e e e e '']a. v~ installments of special assessments within the limits imposed by law. The total amount of each such assessment shall be payable in equal annual principal installments extending over a period of eight (8) years, the first of said installments, together with interest on the entire assessment from the date hereof to December 31, 1983, to be collectable with general taxes in the year 1983, and one of each of the remaining installments, together with one year's interest on that and all other unpaid installments, to be payable with general taxes in each consecutive year thereafter until the entire assessment is paid. 4. It is hereby 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 from municipal funds by levying additional assessments, on notice and hearing as provided for by the assessments herein made, upon any properties abutting on the improvement but not herein assessed for the improvement when changed conditions relating to such properties make such assessment feasible. 5. To the extent that this improvement benefits non-abutting properties which may be served by the improvement when one or more later extensions or improvements are made, but which are not herein assessed therefor, it is hereby declared to be the intention of the Council, as authorized by Minnesota Statutes, ~429.0Sl, to reimburse the City by adding the portion of the costs so paid to the assessments levied for any such later extensions or improvements. 6. Prior to certification of the first installment of the assessment to the County Auditor, the owner of any lot, piece or parcel of land assessed hereby may at any time pay the whole of such assessment with interest to the date of payment, to the City Treasurer, or he may make partial payment pursuant to the ordinances providing therefor, but no interest shall be charged if such whole or partial payment is made wi thin thirty (30) days after the date of the adoption of this resolution; and he may thereafter pay to the County Treasurer the installment and interest in process of collection on the then current tax list, and he may pay the remaining principal balance of the assessment to the City Treasurer. Such payment must be made before November 15 or interest will be charged through December 31, of the next succeeding year. 7. The City Clerk/Manager shall file the assessment rolls pertaining to this assessment in his office and shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the proper tax lists of the county, and such assessments shall be collected and paid over in the same manner as other municipal taxes. -2- e e e .. 8. The City Clerk/Manager shall also mail to each owner of a right of way or public property included in the assessment roll a notice specifying the amount payable by such owner as required by Minnesota Statutes, S429.06l, Subd. 4. this 7th Attest: Adopted by the Council of the day of September, 1982. ~ ~~./ a (J(2::I9:J City C erk Manager Yes Hamilton Neveaux Swenson Horn No Absent None Geving -3-