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4.2. & 4.3. SR 08-03-1998Howard R, Green Company CONSULTING ENGINEERS July 27, 1998 File: 802640J-0564 CONSULTING ENGINEF~ Formerly MSA Consulting Engineers Honorable Mayor and City Council City of Elk River 13065 Orono Parkway Elk River, MN 55330 RE: LAKE ORONO SEDIMENT REMOVAL PROJECT SUPPLEMENTAL ASSESSMENT HEARING Dear Council Members: As you directed, there is a supplemental assessment hearing for the Lake Orono Sediment Removal project scheduled for Monday, August 3, 1998. There are two property owners on the supplemental assessment roll. One is there because the County half-section map had the wrong PIN number on the parcel of property, and the other is on the roll because the property was split into two, and only the original owner was listed on the first assessment roll at two units. That owner has subsequently been reduced to one unit, and the supplemental assessment hearing will place the second unit on the second owner. If the two property owners in question are in attendance, I will be prepared to make a brief presentation regarding the project in question and the reason for the supplemental assessment hearing. At the close of the public hearing, it would be appropriate for the City Council to consider the attached resolution, which adopts the supplemental assessment roll. If you have any questions, please call. Sincerely, Howard R. Green Company TJM/st Enclosures O:\PROJ\802640j\640-2703.july.doc 1326 Energy Park Drive · St. Paul, MN 55108 · 612/644-4389 fax 612/644-9446 toll free 888/368-4389 RESOLUTION 98 - A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ADOPTING FINAL SUPPLEMENTAL ASSESSMENT ROLL IN THE MATTER OF THE LAKE ORONO SEDIMENT REMOVAL PROJECT OF 1998 WHEREAS, upon due notice properly made as required by law, the Elk River City Council has met and heard and passed upon all objections to the proposed assessment for the Lake Orono Sediment Removal improvement and has determined the amount to be assessed against each individual property as the Council deems just; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: Final assessment roll, a copy of which is attached hereto and incorporated herein by this reference, is hereby accepted and adopted and shall constitute the special assessment against the lands therein named. Each such tract of land in the assessment roll is hereby found to be benefited by the improvement in an amount not less than the amount of the assessment levied against it. Such assessment shall be payable in equal annual installments, including both principal and interest, amortized in such amount annually as is required to pay the principal with interest as 6.5% over a period of five years. The owner of any property so assessed, may, at any time prior to certification to the County Auditor of the assessment or the first installment thereof, pay to the City Treasurer the whole of the assessment on such property, with interest accrued to the date of payment; except that no interest shall be charged if the entire assessment is paid within 30 days after the adoption of this Resolution. Prepayment may also be made after the certification of the assessment or first installment thereof by paying to the City Treasurer/Auditor the entire amount of the assessment remaining unpaid with interest. In the case of a payment made before November 15, interest will be calculated through December 31 of the next succeeding year. The City Administrator shall transmit to the County Auditor a certified duplicate of the attached assessment roll to be extended on the property tax lists of the County. Such assessment shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted this 3r~ day of August 1998. ATTEST: Henry A. Duitsman, Mayor Sandra A. Peine, City Clerk O:\PROJ\802640j\640-2702.july.doc