Sewer/Water connect - park fee analysis

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accrue, any installment payments of special assessments due hereunder shall be fully paid when due. 6 . Acceleration of Payment. Petitioners herein agree that prior to the granting of a building permit for a Petitioner's parcel, the special assessment petitioned for herein for such parcel, including all remaining installments and any interest due thereon, shall be fully paid; provided that if fewer than the total number of units allocated to a Petitioner herein are allocated to a portion of such Petitioner's parcel, pursuant to a development plan approved by the City, then this special assessment shall only be fully paid with respect to the units allocated to such portion. 7 . Exclusion from Initial Assessment. Petitioners William J. and Mable J. Wear (PIN 34-118-23-24-0001 and PIN 34-118-12-21- 0002) (the "Wears") enter into this petition on behalf of themselves and their successors or assigns. It is understood that the Wears currently receive sewer and water service from the City of Long Lake. The Wears will be assessed for ten (10) units hereunder. An additional thirty-two (32 units will be reserved /1 /)4 `tor the Wear property for five (5) years following the date of Wear' s execution hereof. At such time as the Wears, or their successors or assigns, petition to utilize the reserved units and be connected to the Improvements, they shall be assessed based upon then current unit values as determined by the City. 8 . Payment Dates. If the special assessments levied by the resolution of the City Council pursuant to this Petition for Phase I (and subsequently levied for Phase II) are adopted by and between October 10th of any year and April 10th of the following year, it is understood and agreed that the Petitioners will pay the City Clerk one-half (1/2) of the first annual installment with interest on or before May 31st next following the levy, and will pay the remaining one-half (1/2) of such first installment with interest to the City Clerk on or before the following September 30th. All remaining installments shall be paid as assessments to the Treasurer of Hennepin County as and when the general property taxes become due upon Petitioner' s respective properties. If the special assessments levied by the City Council pursuant to this Petition are adopted between April 11th and October 9th of any year, then all installments due hereunder shall be paid as assessments to the Treasurer of Hennepin County as and when the general property taxes become due upon such property. 9 . Waiver by Petitioners. Petitioners agree to waive, and hereby do waive, any and all rights to appeal the special assessments, including any supplemental assessments, with regard to any procedural or substantive rights, rights to a public hearing, rights to any notices under Minnesota Chapter 429 or any other ordinances of the City, and the constitutions or laws of the State of Minnesota or of the United States. C:\DOCS\TTW\PETITION.7/21/89 3