95-111 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DA TE: October 23, '1995
RESOLUTION NO: 95- '1 '1 '1
MO TION B ¥: Berquist
SECONDED BY: Mason
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR
TRUNK HIGHWAY 5 SOUTH FRONTAGE ROAD (COULTER BOULEVARD) AND
TRUNK UTILITY IMPROVEMENT PROJECT NO. 93-26A
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
Trunk Highway 5 South Frontage Road (Coulter Boulevard) and Trunk Utility
Improvement Project No. 93-26A.
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/ands 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 pedod of eight (8) years and shall bear interest at the rate of
seven and one-half percent (7~%) per annum from the date of the adoption of
this assessment resolution. To the first installment, due in 1996, shall be added
interest on the entire assessment from the date of this resolution until December
31, 1995. 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 fro
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.
Passed and adopted by the Chanhassen City Council this 23rd day of October,
1995.
ATTEST:
Don Ashworth, ~f~Clerk/Manager
YES NO
ABSENT
Chmiel
Dockendorf
Senn
Mason
Berquist
None
None