97-83 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
October 13~ 1997
RESOLUTION NO: 97-83
MOTION BY: Senn SECONDED BY: Mason
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR COULTER BOULEVARD
PHASE H IMPROVEMENT PROJECT NO. 93-26B
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 Coulter Boulevard Phase II
Improvement Project No. 93-26B.
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 it.
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 1998, shall be added
the interest on the entire assessment from the date of this resolution until
December 31, 1997. 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.
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 Coulter Boulevard, Phase II, Project No. 93-26B with the interest rate and term to
be 8% and 8 years, respectively.
Passed and adopted by the Chanhassen City Council this 13h day of October, 1997.
ATTEST:
Don Ashworth, City Clerk/Manager
Nancy K. Mancino, Mayor
YES
Mancino
Mason
Engel
Senn
Berquist
NO ABSENT
None None