Res 2007- 98 Prep for Ivy Hills Street Reconstruction (2)City of Mendota Heights
Dakota County, Minnesota
RESOLUTION NO. 07 -98
RESOLUTION DECLARING COSTS TO BE ASSESSED, ORDERING THE PREPARATION
OF PROPOSED ASSESSMENT ROLL, AND ESTABLISHING THE DATE OF THE
ASSESSMENT HEARING FOR THE IVY FALLS NEIGHBORHOOD STREET
RECONSTRUCTION PROJECT (PROJECT NO. 200603)
WHEREAS, a contract has been let and costs have been determined for the reconstruction of
Woodridge Drive, Arcadia Drive, Maple Park Court, Falls View Court, Cascade Lane, Maple Park
Drive from Sylvandale to Cascade, and Sylvandale Road from Maple Park Drive to TH 13 and the
contract price for such improvements is $822,602.92 and the expenses incurred or to be incurred in
the making of such improvements amount to $247,000 so that the total cost of the improvements will
be $1,069,602.92.
NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of
Mendota Heights, Minnesota, as follows:
1. The portion of the cost of such improvements to be paid by the City is hereby declared to
be $624,602.92 and the portion of the cost to be assessed against the benefited property
owners is declared to be $445,000.00
2. Assessments shall be payable in equal annual installments extending over a period of 19
years. The first installment shall be the annual principal plus interest calculated from the
public hearing date to the end of this year plus twelve months of the next year and shall
bear interest at the rate of 6% per annum from the date of the adoption of the assessment
resolution.
3. That the City Clerk, with the aid and assistance of the City Engineer, shall forthwith
calculate the proper amount to be specially assessed for such improvement against every
assessable lot, piece or parcel of land within the district affected, without regard to cash
valuation as provided by law, and she shall file a copy of such proposed assessment in
her office for public inspection.
4. The City Clerk shall upon the completion of such proposed assessment notify the City
Council thereof.
5. A public hearing shall be held on the 6' day of November, 2007, in the City Council
Chambers at 8:00 P.M. or as soon as possible thereafter to pass upon such proposed
assessment and at such time and place all persons owning property affected by such
improvement will be given the opportunity to be heard with reference to such assessment.
6. The City Clerk is hereby directed to cause a notice of the public hearing on the proposed
assessment to be published once in the official newspaper of the City at least two weeks
prior to the hearing, and the City Clerk shall also cause mailed notice to be given to the
owner of each parcel described in the assessment roll not less than two weeks prior to the
hearing.
7. 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 Finance Director, except that no
interest will be charged if the entire assessment is paid within 30 days from the adoption
of the assessment. The property owner may, at any time thereafter, pay to the City
Finance Director the entire amount of the assessment remaining unpaid, excepting the
installment portion appearing upon the current year's property tax statement.
Adopted by the City Council of the City of Mendota Heights this 2" day of October, 2007.
ATTEST:
Katl6en M. Swanson, City Clerk
CITY COUNCIL
Cl,