1991-11-20 Assessment
CITY OF ALBERTVILLE
P. O. BOX 131
ALBERTVILLE. MINNESOTA 55301
PHONE: (612) 497-3384
November 20, 1991
Albertville Industrial Development Company
9110 83rd Avenue North
Brooklyn Park, MN 55445
Dear Sirs:
This letter is to inform you that the amount actually assessed
against each parcel of property in the Parksedge Subdivision is
$10,555.55, or $555.56 less than the proposed assessment amount of
$11,111.11 per lot. At the time the assessment notice was mailed
to you, the City of Albertville had not negotiated the bond for
this project. After the notices were mailed, but prior to the
assessment hearing, the bond was negotiated in the amount of
$95,000 ($5,000 less than originally anticipated), thus resulting
in a lower assessment for each parcel assessed. The term of the
assessment is ten (10) years, and the interest rate to accrue on
the assessment is 8.25% per annum.
If you have any questions regarding this assessment, please contact
this office.
Sincerely,
. / /"
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Linda Houghton
City Clerk
CITY OF ALBERTVILLE
P.O. BO X 13 1
ALBERTVILLE. MINNESOTA 55301
PHONE: (612) 497-3384
November 20, 1991
Barthel Construction, Inc.
P.O. Box 398
Rogers, MN 55374
Dear Sirs:
This letter is to inform you that the amount actually assessed
against each parcel of property in the Parksedge Subdivision is
$10,555.55, or $555.56 less than the proposed assessment amount of
$11,111.11 per lot. At the time the assessment notice was mailed
to you, the City of Albertville had not negotiated the bond for
this project. After the notices were mailed, but prior to the
assessment hearing, the bond was negotiated in the amount of
$95,000 ($5,000 less than originally anticipated), thus resulting
in a lower assessment for each parcel assessed. The term of the
assessment is ten (10) years, and the interest rate to accrue on
the assessment is 8.25% per annum.
If you have any questions regarding this assessment, please contact
this office.
Sincere 1 y , /'.
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Linda Houghton
City Clerk