Resolutions-2022-041

Tiffin /436989- L Levy) ( 21/ A& RESOLUTION NO. 2022- 041 Resolution Adopting Final Assessment Schedule for the 2017 Original Town Urbanization Project and Amending, Confirming and Levying the Assessments WHEREAS, heretofore and in strict compliance with Chapter 384 of the Code of Iowa, the City Council of the City of Tiffin, Iowa, pursuant to a Resolution of Necessity duly adopted, did order the construction of the 2017 Original Town Urbanization Project ( the " Project"), such improvement having been duly completed, the work accepted and the Project Engineers having filed the final assessment schedule, which has been fully considered by this Council; NOW, THEREFORE, It Is Resolved by the City Council of the City of Tiffin, Iowa, as follows: Section 1. The final assessment schedule filed by the Project Engineers covering the Project is hereby amended as follows: Insert the word " none" or list amendments to plat and schedule of assessments). Section 2. The aforementioned final assessment schedule, as amended, is hereby approved and adopted. Section 3. It is hereby found and deteii' lined that the total cost of said 2017 Original Project is in the total amount of $ 1, Town Urbanization 49,of which 014. 199, the sum of 304. shall be assessed against private property within the assessable district. 97, 96 Section 4. Each and all of the assessments upon the benefited property in the amounts and upon the various lots and tracts described in such final assessment schedule are hereby confirmed and levied. Section 5. Each of such assessments in the amount of more than Five Hundred Dollars ($ 500. 00)is hereby divided into 10 equal installments, as near as may be. Section 6. Any assessments may be paid in full or in part without interest within 30 days after the date of the first publication of the Notice of Filing of the Final Assessment Schedule with the County Treasurer, such payments to be made at the office of the City Clerk. All unpaid installments shall initially bear interest at the rate of 0% per annum, computed from March 16, 2021 ( that being the date of acceptance of the work) to December 1, 2022. Thereafter, all unpaid installments 99% shall bear interest at the rate of 2. per annum, computed from the December 1 immediately preceding the due dates of the respective installments to the December 1 next following the due dates of the respective installments. Section 7. The first installment of the unpaid assessments shall be due and payable at the office of the County Treasurer of Johnson County on the first day of July, 2022, and shall 2- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA