06-87CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2006- 87
RESOLUTION ADOPTING ASSESSMENT FOR
BOB'S PRODUCE (Lot 5, Block 1 MISSISSIPPI SHORES 6th ADDITION)
WHEREAS, pursuant to proper notice duly given as required by law, the Otsego
City Council has met and heard and passed upon all objections to the proposed
assessment for the improvements on the property known as Bob's Produce (Lot 5,
Block 1, MISSISSIPPI SHORES 6th ADDITION) located in the City of Otsego.
NOW, THEREFORE, the City Council of the City of Otsego, Wright County,
Minnesota, hereby resolves:
1. Such proposed assessment, a copy of which is attached hereto 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 installments extending over a period of
7 years, the first of the installments to be payable on or before the first Monday
in January 2007, and shall bear interest at the rate of 7 percent 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, 2006. To each subsequent installment when due shall be
added interest for one year on all unpaid installments.
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 of Otsego,
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except that no interest shall be charged if the entire assessment is paid within 30
days from the adoption of this resolution. The property owner may at any time
thereafter, pay to the City of Otsego 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 succeeding year.
4. The Otsego City Clerk shall forthwith transmit a certified duplicate of this
assessment to the Wright County Auditor to be extended on the property tax lists
of the County. Such assessments shall be collected and paid over in the same
manner as other municipal taxes.
Motion for adoption of resolution by CM Scharber , seconded by
CM Heidner at the meeting of the Otsego City Council on the 13th day of
November, 2006.
IN FAVOR: Mayor Fournier
CM Scharber, CM Heidner, CM Stockamp, CM Thorsted
OPPOSED: None
d s n, City Clerk
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CITY OF OTSEGO
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