99-90 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
October 25~ 1999
RESOLUTION NO: 99-90
MOTION BY: Engel SECONDED BY: Senn
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR LAKE DRIVE WEST
STREET AND UTILITY IMPROVEMENT PROJECT NO. 98-16
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and
heard no objections to the proposed assessment for Street and Utility Improvements for Lake Drive
West Project No. 98-16; and
WHEREAS, this assessment is for properties in Section 14, T116, R23, which include:
Chanhassen Lakes Business Park 7th Addition
Chanhassen Lakes Business Park 8th Addition (as proposed)
PID 25-0140200 (Lake Susan Hills)
PID 25-4030560 (Sunset Ridge Park)
NOW, THEREFORE, BE IT RESOLVED by the City Council of Chanhassen, Minnesota:
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
benefited by the proposed improvement in the amount of the assessment levied against
Such assessment shall be payable in equal annual principal installments extending
over a period of eight (8) years and shall bear interest at the rate of eight percent
(8%) per annum from the date of the adoption of this assessment resolution. To the
first installment, due in 2000, shall be added the interest on the entire assessment
from the date of this resolution until December 31, 1999. To each subsequent
installment when due shall be added interest for one year on all unpaid installments.
The owner of any property so assessed may, at any time prior to certification of the
assessment to the county auditor, pay the whole or partial payment of the assessment
on such property with no interest charged if paid within 30 days from the adoption
of this resolution; and they 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 assessment shall be
collected and paid in the same manner as other municipal taxes.
BE IT FURTHER RESOLVED that the Chanhassen City Council hereby adopts the
assessment roll for Lake Drive West Street and Utility Improvements Project No. 98-16 dated
September 28, 1999 with the interest rate and term to be 8% and 8 years respectively.
Passed and adopted by the Chanhassen City Council this 25th day of October, 1999.
ATTEST:
Scott A. Botcher, City Manager
Nancy K. Mancino, Mayor
YES
Mancino
Jansen
Labatt
Senn
Engel
NO
None
ABSENT
None