To whom it may concern:
Notice is hereby given that the City Council of the City of Silver Bay will meet on Monday June 30th, 2025 at 7:00 p.m. at the Silver Bay Reunion Hall located at 97 Outer Drive, Silver Bay, MN to consider, and possibly adopt, the proposed assess-ment for Improvement No. 2025-01, CSAH 32 Reconstruction; Edison Blvd (CSAH 32) between Penn Blvd and Horn Blvd, Banks Boulevard (CSAH 32) between Horn Blvd and Davis Drive; by replacing infrastruc-ture including surfacing and utilities.
Adoption by the Council of the pro-posed assessment, against the abutting properties, may occur at the hearing.
Such assessment is proposed to be payable in equal annual installments ex-tending over a period of 15 years, the first of the installments to be payable on or be-fore the first Monday in January 2026, and will bear interest at the rate of 6.25 percent per annum from the date of the adoption of the assessment resolution. To the first installment, there shall be added interest on the entire assessment from the date of the assessment resolution until December 31, 2025. To each subsequent installment when due shall be added interest for one year on all unpaid installments.
You may at any time prior to certifica-tion of the assessment to the County Au-ditor, pay the entire assessment on such property, with interest accrued to the date of payment, to the City Administrator. No interest shall be charged if the entire as-sessment is paid within 30 days from the adoption of this assessment. You may at any time thereafter, pay to the Lake County Assessor, the entire amount of the assess-ment remaining unpaid, with interest ac-crued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or in-terest 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 6.25% percent per year. The right to partially prepay the assessment is not available.
The proposed assessment roll is on file for public inspection at the City Administra-tor ’s office. The total amount of the pro-posed assessment is $746,815.82. Writ-ten or oral objections will be considered at the meeting. No appeal to district court may be taken as to the amount of an as-sessment unless a written objection signed by the affected property owner is filed with the City Administrator prior to the assess-ment 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 as-sessment 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, the council may, in its discretion, defer the payment of this special assess-ment for any homestead property owned by a person 65 years of age or older, one retired by virtue of a permanent and total disability, or a member of the National Guard or other reserves ordered to ac-tive 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 Ordinance (Resolution), all amounts accumulated plus applicable interest become due. Any assessed property owner meeting the requirements of this law, may, within 30 days of the confirmation of the assess-ment, apply to the City Administrator 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 Administrator 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 Administrator.
Lana Fralich
City Administrator
