8.1 SR 06-20-2023 - Laserfiche WebLink

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NOW, THEREFORE, BE IT RESOLVED by the CityT Council of the CityT of Elk River, l��innesota, as follo�vs: 1. The CityT accepts the Second Petition as filed by the PropertyT Owners, `vhich `vaives all hearing rights, and finds that the Second Petition represents all Properties `vithin the Rolling Hills subdivision. 2. The CityT shall undertake to Decommission of the E�sting Rolling Hills SSSTS and Construct the Connection of the Rolling Hills Subdivision to the CityT of Elk River SanitaryT Sewer SyTstem ("Project"�. CityT staff is directed to perform title `vork on all Properties in the Second Petition, which is an admitustrative cost of the PYoject. 4. Bolton & Menk, Inc. is heYebyr designated as the engineeY foY the Project, and Northdale Construction Compan�T is the Contractor for the Project. 5. The not-to-exceed special assessment amount for design thYough bidding that was previously approved by Resolution 23-04, is hereby incorporated with a definite amount into the total pYoject cost to be assessed undeY this Resolution. 6. PuYsuant to the First and Second Petitions, the Cityr shall levyr a special assessment against each Property in the Subdivision as pursuant to Minnesota Statutes, Section 429.031, subd. 3, in the amount of the total cost of the PYoject (including all Cityr administrative and other costs attributable to the Project, but subtracting a State Grant in the amount of $1,100,000.00) in equal amounts to each of the 28 lots in the Subdivision, for a total amount not to exceed $2,311,051.69, �vhich shall be $44,037.56 for each of the 281ots, as shown on the attached Exhibit A("Assessment Roll") The Assessment Yoll is herebyr adopted and shall constitute the special assessment against the lands named theYein, and each and everyr tract of land theYein included is herebyr found to be benefited by the proposed improvement and the amount of the assessment levied against it. Such assessment shall be payable in equal annual installrnents extending oveY a period of 10 yTears, the first of the installments to be payTable on or before the first MondayT in Januar�r (yeaY) and shall beaY inteYest at the Yate of 5.3 peYcent peY annum from the date of the adoption of this assessment Yesolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, (yTear). To each subsequent installment, when due, shall be added interest for one yTear on all unpaid installments. The o`vner of anyT propertyT so assessed mayT, at anyT time prior to certificate of the assessment to the countyT auditor, payT the whole of the assessment on such property, with interest accrued to the date of payment, to the cityT treasurer, except that no interest shall be charged if the entire assessment is paid `vithin 30 dayTs from the adoption of this resolution; and he/she mayT, at any time thereafter, payT to the city treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of 226789v2