1984 City Charter - Laserfiche WebLink

Home

interest thereon which are not already collected or in the process of collection shall be cancelled by such agency. However, nothing herein hsall prevent the City from making a reassessment of any amount not exceeding the special benefits which actually accrue from the improvement to part or all of the properties originally assessed, and nothing herein shall affect the obligation of the City to provide funds sufficient to pay any bonds issued to finance the improvement and the interest thereon. Subdivision 2. Refund of Assessments. The Council shall instruct the City Clerk to publish and mail notice as provided for in 210.01.10, Subdivision 1, describing the improvement and stating that it has been abandoned and that any person who paid any special assessments levied on account of such improvement may file a claim, within six months following the date of publication of the notice, for refund of such assessments paid by him/her, together with any interest he/she paid thereon. Failure to give mailed notice or any defects in the notice, shall not invalidate the proceedings. The City is not required to, but may, pay such claims filed after the period allowed, and it may require any claimant to furnish satisfactory evidence that he/she be paid the amounts claimed. Such claims may be paid out of monies in the fund of the improvement which was abandoned, unless obligations have been issued payable thereform, or may be paid out of monies in the general fund. Subdivision 3. Transfer of Assessments Not Cancelled or Refunded. Any such assessments not cancelled under Subdivision 1 above, or not refunded under Subdivision 2 above, shall be transferred to the general fund or the public improvement revolving fund established by the City, if not needed to pay costs of the improvement and if not held in a debt redemption fund. TRANSFER OF FUNDS AFTER IMPROVEMENTS COMPLETED; REFUNDS Any monies now or hereafter remaining in a fund heretofore or hereafter created by the City for making one or more local improvements, after such improvement or improvements have been 'completed and all claims against and obligations of said fund have been satisfied, shall be transferred to the general fund or the public improvement revolving fund provided that the Council may, in its discretion, authorize and direct the City Treasurer to refund all or part of such monies to the persons who paid the assessments for the improvements following the procedure set forth in Section 210.01.21, Subdivision 2 of this code. The amounts to be refunded in respect to the assessment against each property shall be proportionate to the original principal amount thereof, and shall be paid to the claimant or claimants who paid the last installment or installments of the assessment aggregating more than the amount to be refunded. No refund shall be made in respect to any assessment which is delinquent as to either principal or interest. Any installment of any assessment