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2017-65 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES,MINNESOTA DATE: October 9, 2017 RESOLUTION NO: 2017-65 MOTION BY: Tjornhoin SECONDED BY: Ryan A RESOLUTION AMENDING THE ASSESSMENT ROLL FOR THE MINNEWASHTA MANOR STREET& UTILITY IMPROVEMENT PROJECT NO. 16-01 WHEREAS,on January 23, 2017 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 improvement of: Minnewashta Woods Drive North Manor Road Orchard Lane(from Sandpiper Trail to Minnewashta Woods Drive) Sandpiper Trail Tanagers Lane Washta Bay Road WHEREAS,on January 23,2017 the Council voted in favor to adopt the assessment roll associated with said improvement; and. WHEREAS,the improvement of Washta Bay Road shall be rescheduled for 2018. NOW THEREFORE,BE IT RESOLVED by the City Council of Chanhassen, Minnesota: 1. The interest accrued on the assessments prior to this resolution shall be canceled. 2. The assessments that were accepted on January 23,2017 shall be amended. 3. The amended assessments, 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 benefited by the proposed improvement in the amount of the assessment levied against it. 4. Such assessment shall be payable in equal annual installments extending over a period of ten (10)years,the first of the installments to be payable on or before the first Monday in January, 2019, and shall bear interest at the rate of 5.75 percent(5.75%)per annum. This assessment will appear on the first property tax statement for 2019. To the first installment shall be added interest on the entire assessment from October 1,2018 until December 31, 2019. To each subsequent installment,when due, shall be added interest for one year on all unpaid installments. 1 5. 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 treasurer, except that no interest shall be charged if the entire assessment is paid by October 1,2018; and the owner may,at any time thereafter,pay to the city treasurer 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 next succeeding year. If the property owner decides not to prepay the assessment before the date given above,the rate of interest that will apply is 5.75 percent(5.75%)per year. The right to partially prepay the assessment is not available. 6. The clerk shall forthwith transmit a certified duplicate of this assessment to the county auditor to be extended on the property tax lists of the County. Such assessments shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted by the Chanhassen City Council this 9th day of October,2017. ATTEST: 7/i(A ,i_frit dd Gerhardt, City Manager Denny La e411-"ft4s-- ,Mayor YES NO ABSENT Laufenburger McDonald Ryan Campion Tj ornhom 2