The URL can be used to link to this page

Home My WebLink AboutResolution - 2002-75 - First Amendment to Agreement with Lynn Charslson and Amending Resolution No. 2000-125 - 04/16/2002 CITE'OF EDEN PRAI IF-E HENNEPIN COUNT',AIINNESOTA RESOLUTION NO.2002-75 A RESOLUTION AMENDING RESOLUTION 2000-125 WHEREAS, pursuant to Resolution 2000-125, the City Council on July 18, 2000 levied certain special assessments against the property set forth in the attached Exhibit A; and WHEREAS, City entered into Agreement Regarding Special Assessments as of June 20, 2000,with Lynn Charlson; and WHEREAS, City and Charlson desire to amend the Special Assessment Agreement and the City desires to amend Resolution 2000-125 to provide for an amended date for the payment of the first installment of the special assessments and clarifying the method of interest calculation. NOW, THEREFORE, BE IT RESOLVED by the Eden Prairie City Council that Paragraphs 2 and 3 of Resolution 2000-125 be amended in their entirety as follows: 2. Such assessment shall be payable in equal annual installments extending over a period of years as shown in Exhibit A. Installments shall bear interest at the rate of 8.5%, except no interest shall be charged if the entire assessment is paid on or before November 30, 2003. To the first installment shall be added interest on the entire assessment from November 1, 2003 until December 31, 2004. To each such installment when due shall be added interest for all unpaid installments. 3. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax list of the County and such, and such assessments shall be collected and paid over in the same manner as other municipal taxes beginning in 2004. This resolution shall be effective only upon execution by all parties to that certain First Amendment to Agreement Regarding Special Assessments — Lynn L. Charlson attached hereto as Exhibit B. Except as amended or modified herein, Resolution 2000-125 shall remain in full force and effect. ADOPTED by the City Council of the City of Eden Prairie this 16th day of April, 2002. 1411 Atancy�-Luk ns, yor ATTEST: Kaflileen A. Porta, Cite Clerl: