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File #: RES PH 24-221    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 9/18/2024
Title: Ratifying the assessment for Repair of Sanitary Sewer Line on Private Properties. (File No. SWRP2402, Assessment No. 243001)
Sponsors: Mitra Jalali
Attachments: 1. Notice Assessment Roll SWRP2402.243001, 2. 685 McKnight Road S - Moua Vang & Khou Xiong public comment, 3. 1828 W Chelton Ave - Katie Fears public comments

Title

Ratifying the assessment for Repair of Sanitary Sewer Line on Private Properties. (File No. SWRP2402, Assessment No. 243001)

 

Body

WHEREAS, the Saint Paul City Council in Council File RES 24-1106 accepted the Report of Completion for Public Works Program for the Repair of Sanitary Sewer Line on Private Properties requested by the Property Owner; and

 

WHEREAS, the City Council held a public hearing on September 18, 2024 to consider ratification of the assessment roll; and

 

WHEREAS, the City Council considered and found satisfactory the assessment of benefits, cost and expenses for the services provided; and

 

WHEREAS, the assessment amount for each property will be payable in annual installments for a term of 20 years, with the first installment payable with property taxes in 2025; and

 

WHEREAS, the first annual installment will include 1/20th of the assessment principal, plus interest at 5.65 percent per year on the ratified assessment amount from the date of this resolution until December 31, 2025; and

 

WHEREAS, for every annual installment afterwards, interest will be calculated on the remaining assessment balance; now, therefore, be it

 

RESOLVED, that the said assessment is hereby in all respects ratified.

 

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