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City of Chanhassen
Carver and Hennepin counties, Minnesota
DATE: September 10. 1990
MOTION BY: Workman
RESOLUTION NO:
90-110
Dimler
SECONDED BY:
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR
DOWNTOWN REDEVELOPMENT PROJECT PHASE II,
PROJECT NO. 86-11B
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 Downtown Redevelopment Project
Phase II, 'project No. 86-11B.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
CHANHASSEN, 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 benefitted by the proposed improvement
in the amount of the assessment levied against it.
2.
Such assessment shall be payable in equal annual
principal installments extending over a period of ten
(10) years and shall bear interest at the rate of 8.0%
per annum from the date of the adoption of this
assessment resolution. To the first installment, due in
1991, shall be added interest on the entire assessment
from the date of this resolution until December 31, 1990.
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
audi tor, pay the whole of the assessment on such property
with no interest charged if the entire assessment is paid
within 30 days from the adoption of this resolution; and
they may, at any time thereafter, pay to the ci ty
treasurer the entire principal balance of the assessment
remaining unpaid. As such payments are made, current
annual amounts certified at the county shall remain
payable as part of the property tax process.
4.
The clerk 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.
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Passed and adopted by the Chanhassen City Council this 10th
day of September, 1990.
ATTEST:
Don
YES
Chmiel
Johnson
Dimler
Workman
None
w~~
Donald J. ~> i l, Mayo
NO
ABSENT
None
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