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Water and sewer lines shall be installed from the main to the front of the property to be served before any permanent street surfacing is constructed in the street. If any property owner fails to put in the water and sewer service lines within 30 days after notice from the City Clerk/Treasurer/ Administrator, the City Council shall proceed to have water and sewer installed. The costs of installation shall be a charge against the property under M.S. § 444.075, Subdivision 2, as it may be amended from time to time, and the Clerk/Treasurer/Administrator shall certify unpaid charges to the County Auditor for collection as other taxes are collected.
(’77 Code, § 303.08)
If the city receives financial assistance from the federal government, the state or the county to defray a portion of the cost of a street improvement project, the aid shall be used first to reduce the share of the project cost which would be met from general city funds.
(’77 Code, § 303.07)
(A) Partial prepayment. After the adoption by the City Council of the assessment roll in any local improvement proceeding, the owner of any property specially assessed in the proceeding may pay to the City Clerk/Treasurer/Administrator any portion of the assessment not less than $1,000. The remaining unpaid balance shall be spread over the period of time established by the Council for installment payment of the assessment.
(’77 Code, § 303.09)
(B) Certification of assessments. After the adoption of any special assessment by the Council, the Clerk/Treasurer/Administrator shall transmit a certified duplicate of the assessment roll with each installment, including interest, set forth separately to the County Auditor to be extended on the property tax lists of the county.
(’77 Code, § 303.10)
(A) Establishment. There is hereby established a permanent Improvement Revolving Fund of the city to be held and administered by the City Clerk/Treasurer/Administrator separate and apart from all other funds of the city, for the purpose of financing local improvements.
(B) Source of funds. The fund shall be a permanent fund of the city and the money’s necessary for its maintenance shall be provided by taxation, by the appropriation of available monies from other funds of the city, and/or by the issuance and sale of permanent improvement revolving fund bonds of the city as deemed necessary from time to time by the Council.
(C) Disposition of funds. Monies in the fund shall be used only as directed by resolution of the Council for the purpose of advancing to local improvement funds, the cost of improvements for which assessments are to be levied. All monies so advanced to an improvement fund shall be restored as soon as sufficient monies are received in the improvement fund, together with interest at a rate fixed by the Council, during the time for which the monies have been so furnished.
(D) Investment. Whenever there are monies in the fund not immediately needed for local improvements, the monies shall be invested by the Clerk/Treasurer/Administrator under the direction of the Council in any securities authorized for investment of municipal sinking funds by law.
(E) Transfer of surplus. When the fund accumulates encumbered monies in excess of any amounts reasonably anticipated to be needed for local improvement fund advances, the Council may, by resolution adopted by a four-fifths vote, declare any part of the excess to be surplus and transfer it to the general fund.
(’77 Code, § 303.11)
Whenever the Council determines that it is necessary to borrow money under M.S. Chapter 429, as it may be amended from time to time, for the financing of any local improvement the cost of which is to be paid in whole or in part from special assessments, the borrowing shall be affected by the issuance of improvement bonds of the city under that chapter, for the payment of which bonds and interest thereon the full faith and credit of the city shall be irrevocably pledged.
(’77 Code, § 303.13)