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CITY OF PEQUOT LAKES, MINNESOTA <br /> ASSESSMENT PROCEDURES & POLICY <br /> Adopted: February 7, 2006 <br /> Amended: November 5, 2019 <br /> INTRODUCTION: <br /> Any project to be specially assessed will be done so in accordance with Minnesota <br /> Statutes, Chapter 429, Local Improvements, Special Assessments. <br /> Following is a summary of steps in a Special Assessment Project per Minnesota Statute, <br /> Chapter 429. NOTE that the most current Statute takes precedence. <br /> 1. Initiation of proceedings. The possible improvement may be initiated by the <br /> Council or by a petition of affected property owners. <br /> 2. Preparation of a Feasibility Report. The City Engineer or other competent person <br /> must prepare a Report on the proposed improvement; such Report must include <br /> the estimated cost of the proposed improvement. <br /> 3. Notice of a public hearin og n the proposed improvement. A preliminary <br /> assessment hearing must be held on the proposed improvement. The City must <br /> post notices in the newspaper as well as mail notices to individual property <br /> owners in the proposed special assessment area. <br /> 4. Improvement(Preliminarv Assessment) hearing. At the hearing, the Council <br /> should give interested people a chance to be heard. Written comments are also <br /> acceptable. When a petition signed by 100 percent of the landowners requests the <br /> improvement, the Council may order the improvement without a hearing. <br /> 5. Ordering the preparation of plans. The Council votes on whether or not to have <br /> the City Engineer prepare the necessary plans and specifications. <br /> 6. Improvements are bid. The Council accepts the plans and calls for construction <br /> bids. The project is advertised, and bids are received and opened. <br /> 7. Final assessment hearing on the improvement. Based on the bid and other project <br /> costs, an assessment roll is prepared listing the amount assessed against each <br /> property that will benefit from the improvement. Following proper newspaper <br /> and individual notices, a hearing is held to allow people to comment on the <br /> special assessments. Written comments are also acceptable. <br /> 8. Approval and certification of the assessment roll. After the hearing, the Council <br /> votes on whether or not to approve the assessment roll. If they do, the City <br /> certifies it to the County Auditor. <br /> 9. Project is ordered, bid is accepted, and improvements are constructed. The <br /> Council can accept or reject the bid. If the bid is accepted,the improvement is <br /> constructed. <br /> Page 1 of 7 <br />