Inver Grove Heights City Council — Transcript

Wednesday, September 29, 2021

Delaney Circle and Delaney Court Improvement Project Overview and Costs

Proposed Special Assessments and Payment Options

Project Status and Resident Inquiries

Notable Quotes (4)

This is a informational meeting for prior to the assessment hearing for the delaney circle and delaney corp improvement project city project 2020-09 d

Jake Moser, Staff Engineer [00:00:10]
Informational Meeting: Delaney Circle and Delaney Court Improvement Project Assessments

the proposed assessment amount that equals to contributing 47 of the project costs through special assessments so again proposed assessment is based on the lower of the i'm sorry i just cut out there... again the cap is the 9600 and the special assessments do have a recommended term of a 10-year 10-year term with 3.15 interest

Jake Moser, Staff Engineer [00:04:47]
Informational Meeting: Delaney Circle and Delaney Court Improvement Project Assessments

council will consider approving the fi final proposed assessment role at the October 11th city council meeting assuming council approves the assessment role city staff will send out invoices to the residents and and there will be a 30-day window where you can make a payment in full to the city after that 30-day window then the city certifies the assessments to the county and then they get incorporated in with county taxes starting in 2022

Jake Moser, Staff Engineer [00:05:43]
Informational Meeting: Delaney Circle and Delaney Court Improvement Project Assessments

my question was if i can't pay it off can i still pay it down to save a little interest over the 10 years

Mr. Johnson [00:10:49]
Informational Meeting: Delaney Circle and Delaney Court Improvement Project Assessments

Ordinances & Resolutions (1)

2020-09DOther

City Project ID for the Delaney Circle and Delaney Court improvement project.

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Inver Grove Heights City Council - Inver Grove Heights Recorder