HomeMy WebLinkAbout1991-188 AND 189
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COMBINED RESOLUTION NOS. 188 and 189
Local Improvement No. 257
A Resolution Declaring Cost To Be Assessed,
Ordering Preparation of an Amended Assessment
Roll as to Certain Properties
and Ordering a Hearing on the Amended Assessment
WHEREAS, Resolution No. 91-69B has been made by the City
Council continuing the assessment hearing as to certain property
for Local Improvement No. 257, otherwise known as the Downtown
Plan; and appraisals of the property have been obtained and it is
now possible to prepare an amended assessment roll as to those
parcels.
NOW THEREFORE, BE IT RESOLVED:
1. Assessments shall be payable in equal installments
extending over a period of between ten to fifteen years,
the first of the installments to be payable on or before
the first Monday in January of 1992, and shall bear
interest at the estimated rate of eight (8%) percent per
annum from the date of the adoption of the assessment
resolution.
2. The City Clerk, with the assistance of the consulting
engineers, Short, Elliott & Hendrickson, shall forthwith
calculate the amended amount to be specially assessed
for this improvement against this property. A copy of
the proposed assessment shall be filed in the Office of
the City Clerk for public inspection.
3. A hearing shall be held on October 8 , 1991 at 3:00 p.m.
in the City Hall to pass upon such proposed amended
assessment. At this time and place all persons owning
property affected by the local improvement will be given
an opportunity to be heard with reference to this
assessment.
4. The City Attorney is hereby directed to cause Mailed
Notice of the continued hearing on the proposed amended
assessment to be given to the owner of each parcel
described in the assessment roll.
5. The owner of any property so assessed may, at any time
prior to certification of the assessment to the County
Auditor, pay to the City Treasurer the whole of the
assessment on the property, with interest accrued to the
date of payment, except that no interest shall be
charged if the entire assessment is paid within 30 days
from the adoption of the assessment. They may, at any
time thereafter, pay the entire amount of the assessment
remaining unpaid, with interest accrued, to December 31
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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 succeeding year.
Adopted by the Stillwater City Council this 17th day of September,
1991.
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