03-85CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2003- 8 5
RESOLUTION ADOPTING ASSESSMENT- OTSEGO WATERFRONT
WHEREAS, pursuant to agreements entered into between the City and the
Developer and various property owners, said Developer and property owners have
agreed to waive all hearings, waive any irregularities in the proceedings, and
waive any and all rights of appeal relative to certain improvements constructed by
the City which benefit the various property owners. The project consisted of City
construction of roadways, storm drainage improvements, and sanitary sewer and
water improvements. The project is located within the City of Otsego, Wright
County, Minnesota.
NOW THEREFORE BE IT RESOLVED BY THE OTSEGO CITY
COUNCIL, COUNTY OF WRIGHT, MINNESOTA:
1. Such proposed assessments, a copy of which is attached hereto as Exhibit A and
made a part hereof, is hereby accepted and shall constitute the special assessment
against the lands named therein, and each tract of land therein included is hereby
found to be benefited by the proposed improvement in the amount of the
assessment levied against it.
2. Such assessment shall be payable in equal annual installments extending over a
period of seven 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 7 % percent per
annum from the date of 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. The assessment roll
shows some properties owing six years of payments and others owing seven years
due to the fact that, pursuant to Agreement, some of the property owners have
already paid their estimated first year of the assessment prior to development
while other properties have not yet developed. Additionally, certain assessments
include approved assessment of sanitary sewer and water availability charges over
time and certain assessments include storm water drainage fees while other
properties paid these fees separately.
3. The owner of any property so assessed may, at any time prior to certification of
the assessment to the county auditor, pay the whole of the assessment on such
property, with interest accrued to the date of payment, to the City Treasurer,
except that no interest shall be charged if the entire assessment is paid within 30
days from the adoption of this resolution; and he may, at any time thereafter, pay
to the City Treasurer 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. Partial pre -payment of the assessment
may be made pursuant to City Ordinance.
4. The City Clerk shall forthwith transmit a certified duplicate of this assessment
to the County Auditor to be extended on the property tax lists of the County. Such
assessments shall be paid over in the same manner as other City taxes.
ADOPTED by the Otsego City Council this 10th day of November, 2003.
IN FAVOR: Mayor Fournier; Councilmembers: Heidner, Wendel,
Struthers and Scharber.
OPPOSED: NONE
ABSTAINING: NONE
& A 1, k \ . I k
CITY OF OTSEGO
Larry Fournier, Mayor