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93/105 . . . "" RESOLUTION NO. 93- 105 RESOLUTION APPROVING SPECIAL ASSESSMENTS FOR PROJECT NO. 93-2, SEASON'S ELDERLY HOUSING PROJECT IMPROVEMENTS WHEREAS, Pete Boyer Construction, Inc. is the sole owner of the property identified as P.I.D. No. 25-117-23-34-0001, City of Shorewood, Hennepin County, Minnesota, which is the site of the Season's Elderly Housing Project; and, WHEREAS, the City has received a petition by 100 percent of the owners of said property for the installation of water, sanitary sewer and storm sewer improvements, the cost of such improvements to be assessed against the said property; and, WHEREAS, the ci ty has accepted such petition and ordered construction of the improvements, designated as Project No 93-2; and, 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 of costs for the local improvement designated as Project No. 93-2 and described as Season!s Elderly Housing Project Improvements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood, Minnesota, that: 1. Such proposed special assessments, in the amount of $225,000.00, designated as Levy No. 12895, are hereby accepted and shall constitute the special assessments against the property identified as P. I. D. No. 25-117-23-34-0001, City of Shorewood, Hennepin County, Minnesota, which is hereby found to be benefitted by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of 10 years and shall bear interest at the rate of six percent (6.00%) per annum from the date of the adoption of this assessment resolution. 3. The owner of any property so assessed may pay the whole of the assessment against any parcel to the City of Shorewood without interest if payment is made prior to December 8, 1993. After December 8, 1993, following the date of the assessment, the first year's installment shall be added to the taxes for the year's tax list and collected as taxes with interest accruing from the date of assessment through December 31 of the following year. All payments thereafter shall be in accordance with the provisions of Minnesota Statutes Section 429.061, Subd. 3. . . . . 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the proper tax lists for the County, and 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, Minnesota, this 8th day of November, 1993. ~~~ Robert B. daugherty, Acting Mayor Administrator/Clerk