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HomeMy WebLinkAbout2024-114 (Adopting Assessment for 2024 Sidewalk Improvement Project (Project 2024-03)City of Stillwater Washington County, Minnesota RESOLUTION 2024-114 RESOLUTION ADOPTING ASSESSMENT FOR 2024 SIDEWALK IMPROVEMENT PROJECT PROJECT 2024-03 WHEREAS, pursuant to proper notice duly given as required by law, the council has met and heard all objections to the proposed assessment for the 2024 Sidewalk Improvement Project for the following area: The Lodges of Settlers Glen HOA, 3093 Lowell Ct., 3348 Millbrook Cir., 3085 White Pine Way, 2380 Croixwood Blvd., 1801 Market Dr., 1725 Market Dr., 2500 Orleans St W., 2300 Orleans St W., 1502 Cottage Dr., 1506 Cottage Dr., 1510 Cottage Dr., 1514 Cottage Dr., 1518 Cottage Dr., 1522 Cottage Dr.,1526 Cottage Dr., 1530 Cottage Dr., 1534 Cottage Dr., 1538 Cottage Dr., 1542 Cottage Dr. 1546 Cottage Dr., 1401 Cottage Dr., 2225 Orleans St. W., 224 4th St N., 115 3rd St. S., 304 3rd St N., 308 3rd St N., 105 Linden St E., 319 3rd St N., 408 3rd St N., 304 2nd St. N, 115 Linden St E, 350 Main St N., 1101 2nd St N. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER, MINNESOTA: 1. Such proposed 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. 2. Such assessments shall be payable in equal installments over a period of five (5) years for assessments less than $3,000 or (10) years for assessments between $3,001 and $10,000 or fifteen (15) if the assessment is over $10,000 and shall bear interest at the rate of 4.26% per annum from the date of the adoption of this assessment resolution. To each subsequent installment when due shall be added interest for one year on all unpaid installments. The yearly installments will be collected with the property taxes that are paid to Washington County. 3. Property owners may at any time prior to certification of the assessment to the county auditor, make a whole or partial payment of the assessment balance without any additional interest to the City of Stillwater. No interest will be charged if the entire assessment is paid by November 15, 2024. If the assessment is not paid by November 15, 2024, accrued interest from the date of the adoption of the assessment roll through December 31, 2025 will be added with the first installment due in 2025. Adopted by the council this 1st day of October 2024. a TILLWATER k��= ' Ted Kozlowski, Mayor Attest: 76Y /�/ I Az�y� Beth Wolf, City CI