HomeMy WebLinkAbout2020-089 (adjusting Assessment for 226 Greeley Street N. (Project 2020-02, L.I. 429))RESOLUTION 2020-089
RESOLUTION ADJUSTING ASSESSMENT FOR
226 GREELEY STREET N.
(PROJECT 2020-02, L.I. 429)
WHEREAS, pursuant to the City Council meeting on September 15, 2020 and
resolution approving the assessment roll for the 2020 Street Improvement Project (Project
2020-02). The property located at 226 Greeley Street N was assessed for the total amount of
$12,238.00. This included replacement of water service to the property in the amount of
$4,234.00 in error. The property owner has been notified of the error and a new assessment
letter was issued for the property and mailed to the property owner, the assessment was
adjusted downward to $8,000.00.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER,
MINNESOTA:
1. Such adjusted assessment, a copy of which adjusted 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 ten (10) years with
the first of the installments to be payable on or before the first Monday in January 2021, and
shall bear interest at the rate of 2.75% per annum from the date of the adoption of this
assessment resolutions. To the first installment shall be added interest on the entire
assessment from the date of this resolution until December 31, 2020. To each subsequent
installment when due shall be added interest for one year on all unpaid installments.
3. Property owners may at any time prior to certification of the assessment to the county
auditor, pay the entire assessment balance on such property, without any additional interest
to the City of Stillwater. NO INTEREST WILL BE CHARGED IF THE ENTIRE ASSESSMENT
IS PAID BY NOVEMBER 1, 2020. If the assessment is not paid by November 1, 2020, accrued
interest from the date of the adoption of the assessment roll through December 31, 2020 will
be added with the first installment due in 2021. If payment is not received by November 1,
2020, the assessments will be collected over a period of ten (10) years with interest added
at 2.75% per year on the unpaid balance. The yearly installments will be collected with the
property taxes that are paid to Washington County. You may at any time thereafter, prior to
November 15th of any year, pay the remaining principal balance (in whole or part) to the City
of Stillwater.
4. The clerk shall forthwith transmit a certified duplicate of this assessment to the county
auditor to be extended on the property tax lists of the county. Such assessments shall be
collected and paid over in the same manner as other municipal taxes.
Adopted by the Stillwater City Council this 29th day of September 2020.
14111'.'"(7—
Ted Kozlowski, ayor
ATTEST:
Beth Wolf, City Clef