HomeMy WebLinkAboutOrdinance 307 - Partial Payment of Assessments CHAPTER III - PUBLIC PROPERTY & IMPROVEMENTS
ORDINANCE 307 PARTIAL PAYMENT OF ASSESSMENTS....................................... 307-1
Section 307.01: PARTIAL PREPAYMENT AUTHORIZED..................................... 307-1
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CHAPTER III - PUBLIC PROPERTY & IMPROVEMENTS
ORDINANCE 307 PARTIAL PAYMENT OF ASSESSMENTS
Section 307.01: PARTIAL PREPAYMENT AUTHORIZED. The owner(s) of property
within the City which is subject to a special assessment adopted pursuant to Minnesota Statute
§ 429.061, may prepay a portion of the special assessment in the following manner:
Subd. 1: Payment shall be made to the City Clerk/Administrator during regular business
hours.
Subd. 2: Payment shall be made within 20 days from the date on which the City adopts
the special assessment, unless a different date is stated in the resolution adopting the assessment.
If the payment is not received within that time, the right of partial prepayment is forfeited.
Subd. 3: The unpaid balance of the special assessment shall be certified to the County
Auditor for payment over the number of years specified in the resolution adopting the
assessment, and subject to the interest rate stated in the resolution adopting the assessment.
Subd. 4: This ordinance is adopted pursuant to the authority of Minnesota Statute
§ 429.061, Subd. 3.
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