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AGENDA RECOMMENDATION       
Public Hearings   6.A.
City Council Regular Meeting
Meeting Date:
11/12/2024

Agenda Item:

Preliminary assessment hearing on Improvement Project 11084; Victory Drive Intersection and Lighting Improvements.

Recommendation/Action(s):

Adoption of the attached resolution.

Summary:

The attached proposed assessment roll was mailed to the property owners on October 24, 2024, along with repayment options. 
 
Completion of the project is anticipated to be mid-July 2025, and the final assessments will then be adopted in November 2025. The property owners may pay the assessment in full within 30 days of billing for no interest to accrue. If not paid, the assessment amount will be certified to Blue Earth County Taxpayer Services for collection with property taxes over a 10-year period with an annual interest rate of 4.5% beginning with 2026 taxes payable.
 
As of the writing of this memo, the City Clerk has received no letters of objection from any property owners.
 
In accordance with State Statute, if property owners have any objection to the proposed assessment on their property, they must either present a written objection, signed by an owner, and file with the City Clerk at 10 Civic Center Plaza, Mankato, Minnesota, 56001, and/or appear at the hearing and personally object to the proposed assessment before the council. No appeal to district court may be taken as to the amount of an assessment unless a written objection signed by the affected property owner is filed with the municipal clerk prior to the assessment hearing or presented to the presiding officer at the hearing.
 
An owner may appeal an assessment to district court pursuant to Minn. Stat. § 429.081 by serving notice of the appeal upon the mayor or clerk of the city within 30 days after the adoption of the assessment and filing such notice with the district court within ten days after service upon the mayor or clerk.

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