ITEM 3CITY OF OTSEGO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO.
RESOLUTION RE, ASSESSING SPECIAL ASSESSMENT
WHEREAS, Kevin Lefebvre and Benita Lefebvre, husband and wife, ("Owners") have petitioned
the city to reassess the special assessment on their property legally described as Northeast Quarter
of Section 22, Township 121, Rage 23, Wright County, Minnesota (",Subject Property");
WHEREAS, the existing assessment was adopted on November 13, 2007 by the Otsego City
Council, Res. 2007-75 as a result of the Development Agreement Great River Centre of Otsego
signed May 16, 2006 and recorded as Document Number Al 014006 with the Office of the County
Recorder, Wright County, Minnesota on June 15, 2006 and the existing assessment has a current
balance of Seven Hundred Sixty Two Thousand Seven Hundred Forty Two and 78/100 Dollars
($762,742.78) which includes all interest accrued since the date of adoption;
WHEREAS, the petition is sufficient under Minn. Stat, §429.031 subd. I (f) to begin. Chapter 429
proceedings as the Subject Property is the only remaining assessment parcel besides other property
owned by Owners that is subject to Res, 2007-75 and the Development Agreement Great River
Centre of Otsego;
WHEREAS, the City has received the following signed Reassessment Agreement (Exhibit A)
waiving all applicable assessment procedural requirements including public notice and public
hearing requirements and requesting to be reassessed in the amount itemized therein for the
Subject Property; and
WHEREAS, the council has met and heard and passed upon all objections to the proposed
reassessment of the assessments previously levied on the Subj ect Property,
NOW THERE FORE, BE ITRESOLVED BY THE CITY COUNCIL OF OTSEGO,
MINNESOTA:
1. The signed Reassessment Agreement is hereby accepted and approved,
2. Reassessment shall be in the amount of Five Hundred Twenty Four Thousand Eight
Hundred Thirty Five and 8/100 Dollars ($524,835.08).
3. The Reassessment shall be deferred until rezoning of the property in the same manner as
the original assessment was deferred, and shall beat the interest rate of 4.375% per ann-um which
is the same interest rate as the original assessment. Interest shall begin accruing from the date of
adoption of this Resolution.
4. The Owners, at any time prior to certification of the assessment to the County Auditor,
may pay the whole of the assessment on the Subject Property, with interest accrued to the date of
payment, to the City, except that no interest shall be charged if the entire assessment is paid
within thirty (30) days from the adoption of this Resolution; and such owner may at any time
thereafter, pay the City the entire amount of the assessment remaining unpaid, with interest
accrued to December 31 of the year in. which such payment is made, Such payment must be
made before November 15 or interest will be charged through December 31 of the next
succeeding year. The Owners may also at any time prior to November 15, of any year, pay the
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