Loading...
HomeMy WebLinkAboutResolution 5390 � °� � . r o � ° � 3 C ITY of ORONO � -- : � n � ti RESOLUTION OF THE�CITY COUNCIL ��`�k'Esi3og'�G NO. � � 9 0 A RESOLUTION REVISING THE BROWN ROAD N./ COUNTY ROAD 6 SEWER EXTENSION ASSESSMENT ROLL WHEREAS, on November 10`�'2003 the Orono City Council approved Resolution No. 5077 adopting the assessment roll for the Brown Road N./ County Road 6 Sanitary Sewer Extension improvements as Levy No.15914,and this levy included a 15 year assessment at 6.25% interest in the amount of$25,500 beginning in 2004 against the property at 2100 Sixth Avenue North, PID# 27-118-23-31-0024. WHEREAS,on August 9�h 2004 the Orono City Council approved Resolution No. 5216 authorizing a reduction of$8,500 in the assessment roll for the Brown Road N./County Road • 6 Sanitary Sewer Extension improvements as Levy No.15914 against the property at 2100 Sixth � Avenue North,PID# 27-118-23-31-0024 and Hennepin County completed this adjustment resulting in a tota12005 assessment of$15,300 for this property. WHEItEAS, after assessment of the year 2005 principal and interest the current principal amount remaining on the assessment for the property at 2100 Sixth Avenue North is $14,207.15 for the remaining 13 years of the assessment. NOW, THEREFORE, BE Y'�' RESOLVED, by the City Council of Orono, Minnesota: Hereby approves a reduction of$8,730 in the current$14,207.15 assessment principal amount against 2100 Sixth Avenue North, PID# 27-118-23-31-0024, resulting in a remaining principal amount of$5,477.15 for the remaining 13 years of this assessment. Adopted by the City Council of Orono this l Oth day of October 2005. ATTEST: � ,� (/i�Q� � • Linda S. Vee, City Clerk Barbara A. Peterson, Mayor