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CITY OF MOUND, MN NOTICE OF HEARING ON PROPOSED ASSESSMENT NOTICE IS HEREBY GIVEN that the Mound City Council will meet at 7:00 p.m. on Tuesday, October 9, 2018 in the Council Chambers of the City Hall to consider and possibly adopt, the proposed assessment for the 2017 Street, Utility and Retaining Wall Improvement Project Tuxedo Boulevard Phase III. Adoption by the Council of the proposed assessment may occur at this hearing. The following is the area proposed to be assessed: Tuxedo Boulevard, from Brighton Boulevard to Clyde Road. Such assessment is proposed to be payable in equal annual installments extending over a period of 15 years, and will bear interest at the rate of five percent (5%) per annum from the date of the adoption of the assessment resolution to the first installment. To the first installment shall be added interest on the entire assessment from the date of the assessment resolution until December 31, 2018. To each subsequent installment when due shall be added interest for one year on all unpaid installments. You may at any time prior to certification of the assessment to the County Auditor, pay the entire assessment on such property, with interest accrued to the date of payment, to the City. No interest shall be charged if the entire assessment is paid within 30 days from the adoption of this assessment. You may at any time thereafter, pay to the City the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. If you decide not to prepay the assessment before the date given above, the rate of interest that will apply is 5 percent per year. According to Mound City Code, a property owner may make partial prepayment of at least $100 within 30 days of adoption of the assessment, with the balance then being certified to the County Auditor. The proposed assessment roll is on file for public inspection at the City Clerks office. The total amount of the projects proposed assessment is $235,400. Written or oral objections will be considered at the meeting. No appeal to district court may be taken as to the amount of an assessment unless a written objections 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. The Council may upon such notice consider any objection to the amount of a proposed individual assessment at an adjourned meeting upon such further notice to the affected property owners as it deems advisable. Under Minn. Stat. 435.193 to 435.195 and City Resolution No. 08-59, the Council may, at its discretion, defer the payment of this special assessment for any homestead property owned by a person 65 years of age or older or retired by virtue of a permanent and total disability, or a member of the National Guard or other reserves ordered to active military service for whom it would be a hardship to make the payments. When deferment of the special assessment has been granted and is terminated for any reason provided in that law and Resolution, all amounts accumulated plus applicable interest become due. Any assessed property owner meeting the requirements of this law and Resolution No. 08-59, may, within 30 days of the confirmation of the assessment, apply to the City Clerk for the prescribed form for such deferral of payment of this special assessment on his/her property. 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. Catherine Pausche City Clerk Published in the Laker Pioneer September 22, 2018 859901