Morris council approves East 2nd Street repayment
The Morris City Council on Tuesday scheduled a public hearing to discuss the city's $1.4 million East 2nd Street improvement project and the assessments to property owners for the work.
The hearing is 5:20 p.m., Thursday, Dec. 14, at City Council chambers.
The project is nearing completion and included construction of watermains, sanitary sewers, storm sewers, curbs and gutters and paving.
The city will pay for about $874,000 of the project, with property owners paying about $536,000. The University of Minnesota is expected to pay about $274,000 for work through the University of Minnesota, Morris campus.
Property owners receive mailed notice of what they will be assessed. They won't pay interest if the individual assessments are paid within 30 days of the public hearing. Owners can pay in installments over 15 years at an interest rate of 5.23 percent.