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87-93 e e e ~ . . . CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: Auqust 24, 1987 RESOLUTION NO: 87-93 MOTION BY: Geving SECONDED BY: Horn A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR THE KERBER BLVD./COUNTY ROAD 17 TRUNK WATERMAIN IMPROVEMENT PROJECT 86-14 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 Kerber Boulevard/CR 17 Trunk Watermain Improvement Project 86-14. NOW, THEREFORE, BE IT RESOVLED BY THE CITY COUNCIL OF CHANHASSEN, MINNESOTA: 1. Such proposed assessment, as amended, 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 8 years and shall bear interest at the rate of 9.0% annum from the date of the adoption of this assessment resolution. To the first installment, due in 1988, shall be added 1nterest on the entire assessment from the date of this resolution until December 31, 1988. 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 prop- erty, with no interest charged if the entire assessment is paid within 30 days from the adoption of this resolu- tion; and he may, at any time thereafter, pay to the city 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. .' ..,...... e e . ..... Passed and adopted by the Chanhassen City Council this 24th day of , 1987. Auqust ATTEST: ~Q~ Don Ashwort , City Clerk/Manager YES NO Hamilton Horn Watson Geving None 'L ABSENT Boyt