Lake Zumbro Joint Powers Board

EARLY PAYOFF OF DEFERRED SPECIAL ASSESSMENTS FOR LAKE ZUMBRO DREDGING PROJECT

Some property owners in the Lake Zumbro Improvement District who received special assessments in the fall of 2018 in connection with the lake dredging project initially opted to defer payment of their special assessments for a period of 10 years with interest accruing on the unpaid balance until it was paid in full.  Now some of those impacted property owners have indicated they wish to pay off those deferred assessments early and there has been some confusion about whether or not this would be permitted and if so, what those payoff terms would be.

After reviewing the minutes of the Lake Zumbro Joint Powers Board's meetings from fall 2018 and getting input from members of the Joint Powers Board and from the County Auditors for Olmsted and Wabasha Counties, early repayment of these deferred special assessments will be permitted.  Property owners who wish to pursue this should note that special assessments (when included on the tax statement) are split between first and second half tax payments equally.  This means, if first half is not paid in a timely manner, then penalties will begin to accrue on May 16, and will continue to accrue until first half taxes are paid in full.  For the Lake Zumbro special assessments, this means that landowners will need to pay their annual special assessment along with their property taxes – one half with first half property taxes, and the last half with the second half property taxes.  If the affected property owners do this, they should avoid having to pay any penalties on the unpaid special assessment balance.   The County Auditor for each county should be able to calculate a payoff amount for the special assessments owed for a particular year as well as a total payoff amount for the unpaid balance for all years since the assessment was first imposed, depending on where your property is located.   You can reach the Olmsted County Auditor in the Property Records and Licensing Department at 507-328-7637.  You can reach the Wabasha County Auditor's Office at 651-565-2648.  Thank you.

Lake Zumbro Dredging Project Information

Lake Zumbro Dredging Project Press Release (141 KB)

18-179 Resolution re Additional Fund Allocation (88 KB)

Lake Zumbro Public Hearing Presentation - JPB September 30, 2015  (646 KB)

Resolution 2018-005 Awarding Dredging Project Award  (76 KB)

Restoration Project Feasibility Report: Lake Zumbro, August 2015 (465 KB)

 

Lake Zumbro Dredging Project Special Assessment Information

Assessment Roll for Olmsted County Revised 9_20_2018 (77 KB)

Assessment Roll for Wabasha County Revised 9_20_2018 (428 KB)

Certificate of Mailing of Notice of Hearing on Proposed Assessment 9.12.18 (40 KB)

Olmsted-Wabasha LZJBP Assessment Deferral Policy for Dredging Project (248 KB)

 

Lake Zumbro Joint Powers Board Meetings

2019

Agendas

Agenda - March 19, 2019 (4.20 MB)

Minutes

Minutes - March 19, 2019 (24.2 MB)

2018

Resolutions

2018-004 Resolution Calling Hearing on Assessments (302 KB)

2018-003 Resolution Declaring Cost Assessed and Ordering Proposed Assessment (288 KB)

2018-002 - Resolution re Olmsted County Public Works Oversight of Project Bid Process (79 KB)

2018-001 Resolution Advertisement for Bids (292 KB)

Agendas

Agenda - December 12, 2018 (11.2 MB)

Agenda - October 30, 2018 (250 KB)

Agenda September 12, 2018 (216 KB)

Agenda - August 21, 2018 (11 KB)

Agenda - August 1, 2018 (213 KB)

Agenda - June 20, 2018 (214 KB)

Agenda - May, 10, 2018 (211 KB)

Agenda - March 29, 2018 (204 KB)

Agenda - February 22, 2018 (214 KB)

Agenda - January 16, 2018 (207 KB)

Minutes

Minutes - December 12, 2018 (27.1 KB)

Minutes - October 30, 2018 (33.9 KB)

Minutes - September 12, 2018 (488 KB)

Extract of September 12, 2018 hearing minutes (84 KB)

Minutes - August 1, 2018 (443 KB)

Minutes - June 20, 2018 (370 KB)

Minutes - May 10, 2018 (349 KB)

Minutes - March 29, 2018 (207 KB)

Minutes - February 22, 2018 (352 KB)

Minutes - January 16, 2018 (201 KB)

 

2017

Agendas and Packets                 

December 20, 2017 Packet (24.6 MB)

Agendas

Agenda June 20, 2017 (44 KB)

Agenda May 24, 2017 (218 KB)

Minutes

Minutes June 20, 2017 (44 KB)

Minutes May 24, 2017 (218 KB)

 

2016

Agendas and Packets

Packet March 24, 2016 (207 KB)

Agendas

Agenda December 19, 2016 (210 KB)

Agenda November 21, 2016 (213 KB)

Minutes

Minutes November 21, 2016 (421 KB)