97-091
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CITY OF SHOREWOOD
RESOLUTION NO. 97- 91
A RESOLUTION ACCEPTING A PETITION AND LEVYING FOR SPECIAL
ASSESSMENTS FOR WATER SYSTEM IMPROVEMENTS
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WHEREAS, the City has received a petition from the developer requesting that special
assessments for water system improvements for Marsh Pointe Subdivision be levied against such parcels;
and,
WHEREAS, the City Council has reviewed such petitions at a regular meeting.
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and
heard and passed upon all objections to the proposed assessment for the water system improvements
affecting the Marsh Pointe Subdivision. The cost for such improvements is estimated to be $145,000.00.
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Shorewood,
Minnesota:
.
1997.
1. That such petitions, attached hereto and made a part hereof, are hereby accepted and that
special assessments for water system improvements are hereby levied.
That the assessment roll, attached hereto and made a part hereof, be known as Levy No.
14165, Marsh Pointe Water System Improvements, and payment of such levies shall be
amortized over a period of fifteen (15) years, the first of the installments to be payable on
or before the first Monday in January, 1998, and shall bear interest at seven percent (7.00
%) per annum from the date of the adoption of this resolution. To the first installment shall
be added interest on the entire assessment from the date of this resolution until December
31, 1998. To each subsequent installment when dueall 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 from the adoption of this resolution;
and he/she may at any time thereafter, pay to the city treasurer the entire amount of the
assessmment 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 interst will be
charted through December 31 of the next succeeding year.
2.
4. The 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 assessments shall be
collected and paid over in the same manner as other municipal taxes.
ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 27th day of October,
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