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HomeMy WebLinkAbout2020-103 (Assessment and Waiver of Notice, Hearing and Appeal and Adopting Assessment for Water Service Line Repairs) RESOLUTION 2020-103 APPROVAL OF AGREEMENT OF ASSESSMENT AND WAIVER OF NOTICE, HEARING AND APPEAL AND ADOPTING ASSESSMENT FOR WATER SERVICE LINE REPAIRS WHEREAS, water repair service agreements have been executed relating to the following addresses: 805 3rd St S; 807 3rd St S; 1101 6th Ave S; and 1209 3rd St S; and WHEREAS,the agreement for this water repair is in default; and WHEREAS, it is proposed to assess the costs against the property of the Owners, and the Owners agree to pay the cost as a special assessment against their property for collection with the real estate taxes in annual installments per year with 2.80% interest. THEREFORE BE IT RESOLVED, by the City Council of Stillwater, Minnesota: 1. That the agreements of assessment and waiver of irregularity and appeal between the Property Owners and the City of Stillwater is hereby approved and authorizes the Mayor and City Clerk to sign the agreements. 2. Each tract of land therein included is hereby found to be benefited by the proposed improvements in the amount of the assessment levied against it. 3. Such assessment shall be payable in equal annual installments extending over a period as stated below with an interest rate of 2.80%: Geo Code Address Amount Term 33.030.20.11.0048 805 3rd St S $6,730.59 4 years 33.030.20.11.0047 807 3rd St S $6,730.59 4 years 34.030.20.23.0094 1101 6th Ave S $12,165.78 7 years 33.030.20.14.0049 1209 3rd St S $4,764.31 3 years 4. No interest will be charged if the entire assessment is paid by November 15, 2020. If the assess is not paid by November 15, 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 2020 and be collected as stated above on the unpaid blance for the predetermined years. At any time thereafter,prior to November 15th of any year, Owners may pay the remaining principal balance (in whole or part) to the City of Stillwater. 5. 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 17th day of November, 2020. CITY OF STI ER Ted Kozlowski, Mayor ATTEST: u . Beth Wolf, Cit Clerk