Resolutions-2023-054

Tiffin / 436989- 28 /L A& RESOLUTION NO. 2023- 054 Resolution Adopting Final Assessment Schedule for the Original Town Urbanization Project: Phase Two 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, did, pursuant to a Resolution of Necessity duly adopted on June 2,2020, order the construction of the Original Town Urbanization Project: Phase Two ( 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. 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 4. Each of such assessments in the amount of more than Five Hundred Dollars 00)is hereby divided into ten ( 10)equal installments, as near 500. as may be. Section 5. All unpaid installments shall bear interest at the rate of 1. 663 % per annum from September 1, 2024 ( that being the date of acceptance of the work);provided, however, that any such assessments may be paid in full or in part without interest within thirty ( 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. Section 6. 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, 2024, and shall become delinquent from October 1, 2024, and then bear the same interest with the same penalties as ordinary taxes. Section 7. Succeeding installments shall become due and payable in like manner on the first day of July in each of the years 2025 to 2033, inclusive. 4- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA