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City of Elk River ver City Council Resolution 20- 74 A Resolution of the City Council of the City of Elk River Adopting Assessment for the Windsor Park 3'd Addition Sewer Extension Project WHEREAS, pursuant to proper notice duly given as required bylaw, the City Council has met, heard and considered any and all objections to the proposed assessment for the Windsor Park 3' Addition Sewer Extension Project. The improvements shall consist of a sanitary sewer extension from the Great Northern Trail to the Windsor Park 3rd Addition along Ranch Road. The improvement shall include gravity sanitary sewer, a lift station, and forcemain construction. The proposed assessments are for the above described work as well as the Sewer Access Charge and the Trunk Sewer Fee. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, as follows: 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 annual installments extending over a period of fifteen (15) years, the first of the installments to be payable on or before May 15, 2021, and shall bear interest at the rate of 2.50 percent per annum from the date of the adoption of the assessment resolution. To the first installment shall be added interest on the entire assessment from January 1, 2021 until December 31, 2021. 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 Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days and may, at any time thereafter, pay to the County of Sherburne 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. 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 NATURE P