97-086
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CITY OF SHOREWOOD
RESOLUTION NO. 97- 86
A RESOLUTION ACCEPTING A PETITION AND LEVYING WATER
IMPROVEMENT SPECIAL ASSESSMENTS - WATERFORD 5TH
ADDITION
WHEREAS, the City has received a petition from the developer requesting that
water improvement special assessments for Waterford 5th Addition be levied against such
parcels; and,
WHEREAS, the petitioners have within their petitions waived their rights to a
public hearing and their rights of appeal of such levies; and,
WHEREAS, the City Council has reviewed such petitions at a regular meeting.
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of
Shorewood, Minnesota:
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1. That such petitions, attached hereto and made a part hereof, are hereby accepted
and that water special assessments are hereby levied.
2. That the assessment roll, attached hereto and made a part hereof, be known as
Levy No. 14164, Waterford 5th Addn. Water 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.
3. 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 13th
day of October, 1997.
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ATTEST:
lame p. Hurm, City Administrator/Clerk
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