HomeMy WebLinkAboutResolution 5037 .. � �' ��
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� � CITY of ORONO
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� p RESOLUTION OF THE CITY COUNCIL
�`�kEsKOg'� . No. 5 0 � `�
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR
� THE HERITAGE DRIVE SAI�TITARY SEWER EXTENSION PROJECT
Whereas,the property owners on Heritage Drive fiave requested that the City of Orono construct
a sanitary sewer extension project to serve their properties. This project has been completed, and the
project connection fee, which is based on the project costs, has been established at $14,400 per sewer
unit. T'he property owner at 1955 Heritage Drive has requested that the City of Orono assess the project
connection fee over a fifteen-year time period; and
Whereas, the property owner has signed an assessment waiver agreeing to waive any and all
rights to appeal the special assessment, with regard to any procedural or substantive rights, rights to a
public hearing, rights to any notices under Minnesota Chapter 429 or any ordinances of the city, and the
constitutions or laws of the State of Minnesota or the United States; and
`Vhereas, the City hereby authorizes and directs the Hennepin County Auditor to levy the
� assessment over a fifteen-year time period at a 6.25% interest rate. Such assessment shall be payable in
• equal annual installments extending over a period of fifteen years, the first of the installments to be
payable on or before the first Monday in January 2004 and shall bear interest at the rate of 6.25% per
annum from the date of the adoption of this assessment resolution. To the first installment shall be added
interest on the entire assessment from the date of this resolution until December 31, 2003. To each
subsequent installment when due shall be added interest for one year on all unpaid installments. �
Therefore, Be It Resolved, that the City Council of the City of Orono, Minnesota hereby
authorizes and directs the County Auditor of Hennepin County to assess the property identified in the
attached assessment roll,made a part hereof, for the amount appearing along with such property,plus
6.25% interest added as directed. Said amounts to be collected along with property taxes beginning in
� 2004.
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held
on September 8, 2003
ATTEST:
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Linda S. Vee, City Clerk Barbara A. Peterson, Mayor
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