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S .- �.. . <br /> � O� . <br /> • O �: O . <br /> � - CITY of ORONO <br /> ,� -- ., � <br /> � ti <br /> ��� �G~' RESOLUTION OF THE CITY COUNCIL <br /> `9kES�IOg' NO. � O � � <br /> A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR <br /> THE HERITAGE DRIVE SANITARY SEWER EXTENSION PROJECT <br /> Whereas,the property owners on Heritage Drive have requested that the City of Orono construct <br /> a sanitary sewer extension project to serve their properties. This project has been completed, and the <br />= project connection fee, which is based on the project costs, has been established at $14,400 per sewer <br /> unit. The property owners at 1980 Heritage Drive have requested that the City of Orono assess the <br /> project connection fee over a fifteen-year time period;�and <br /> Whereas, the property owner has signed an assessment waiver agreeing to waive any and all <br /> . rights to appeal the special assessment, with regard to any procedural or substantive rights, rights to a <br /> public hearing, rights to any notices under Minnesota Chapter 429 or any ordinances of the city, and the <br /> constitutions or laws of the State of Minnesota or the United States; and• <br /> Whereas, the City hereby authorizes and directs the Hennepin County Auditor to levy the <br /> assessment over a fifteen-year time period at a 6.25% interest rate. Such assessment shall be payable in <br /> � equal annual installments extending over a period of fifteen years, the first of the installments to be <br /> payable on or before the first Monday in January 2004 and shall bear interest at the rate of 6.25% per <br /> annum from the date of the adoption of this assessment resolution.To the first installment shall be added <br /> interest on the entire assessment from the date of this resolution until December 31, 2003. To each <br /> subsequent installment when due shall be added interest for one year on all unpaid installments. <br /> Therefore, Be It Resolved, that the City Council of the City of Orono, Minnesota hereby <br /> authorizes and directs the County Auditor of Hennepin County to assess the property identified in the <br /> attached assessment roll, made a part hereof, for the amount appearing along with such property,plus <br /> 6.25% interest added as directed. Said amounts to be collected along with property taxes beginning in <br /> 2004. � <br /> Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held � <br /> on July 14, 2003 � <br /> ATTEST: <br /> G'`��n...,(�. � U�— � . <br /> � � Linda S. Vee, City Clerk ' Barbara A. Peterson, Mayor <br /> • <br /> � <br />