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5.1. SR 02-01-1993 ITEM 5. 1. TO: MAYOR AND CITY COUNCIL FROM: SANDRA THACKERAY, CITY CLERK DATE: JANUARY 27, 1993 SUBJECT: SUPPLEMENTAL ASSESSMENT HEARING WESTERN AREA ASSESSMENT The City Council adopted the final assessment roll for the Western Area Phase I Improvements on October 19, 1992. Following this adoption, staff noticed that an error was made in notifying one of the residents. It was noted that Ronald Crapser, who owns property at 1937 2nd Street, which is located in the project area, did not receive notice of the assessment hearing. His notice was sent to the wrong address. In order to correct this, Staff attempted to contact Mr. Crapser by phone to explain the situation. No phone contact was made. Staff then sent Mr. Crapser the required notices to hold a supplemental assessment hearing to add the property at 1937 2nd street to the assessment roll. . The resolution adopting the supplemental assessment roll are attached to this memo. roll and the Council Action Requested 1. Open the public hearing; accept public comment; close public hearing. 2. Council motion the supplemental Phase I Project. to adopt the attached resolution adopting assessment roll for the Western Area . 720 Dodge Avenue N.W., Elk River, Minnesota 55330 (612) 441-7420 . RESOLUTION 92 - RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ADOPTING SUPPLEMENTAL ASSESSMENT ROLL FOR THE WESTERN AREA PHASE I ASSESSMENT 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 Western Area Phase I improvement and has determined the amount to be assessed against the benefitted property as the Council deems just. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1 . The supplemental 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. . 2. 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 at 7.5% over a period of five (5) years. 3. 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/County 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 year in which paYment is made. If payment is made after November 15, interest will be calculated through December 31 of the next succeeding year. . 4 . 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 by the City Council of the City of Elk River this 1st day of February, 1993. Henry A. Duitsman, Mayor ATTEST: Sandra A. Thackeray, City Clerk