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2158 The following resolution was introduced by Stone, who moved its adoption: WaterMain and RESOLUTION ADOM'TT~1G ASSESSMENT FOR WATER MAIN Sanitary Sewer TI~4PROVER'~NT OF 1963 ON PROPERTY OWNED BY THE Improvement UNIVERSITY OF ",MINNESOTA ~FtITHIN THE VILLAGE 1963 -.Assessment OF FALCON HEIC~iTS, MINNESOTA on Property Owned by Univ, WHEREAS the laws of Minnesota, Chapter u35.19 provide of Minnesota: for the method of assessing special assessments against property owned by the University of :!innesota and benefited by such improvement, and ti~fiEREAS theVillage Council of the Village of Falcon Heights has met pursuant to proper notice duly given as required by law, and VVti1HHEREAS the Council has met and heard and passed upon all objections to the proposed assessment for said improvement, NOt~, THEREFORE, BE IT RESOLVED BY THE VILLAGE COIIfNCIL OF FALCON HEIGHTS, P1IINi~OTA: 1. Such proposed assessment, a copy of which is attached hereto, is the amount that would have been assessed against said property if the property had been privately awned. Said assessment is hereby accepted and shall constitute the special assessment against the lands named therein and each tract of land therein included is hereby found to be benefited by the proposed assessment in the amount of the assessment levied against it. 2. Such assessment shall be payable in e~}ual annual installments extending over a period of twenty years, the first of the installments to be payable on or before the first P~ionday in January, 1965, and shall bear interest at the rate of b~ per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 1965. To each sub- sequent instal lment, when due, shall be added interest for one year on all unpaid installments. 3. The ov~mer of any property so assessed may at any time prior to the certification of the assessment to the county auditor, pay the whole of the assessment on such property, tivith interest accrued to the date of the payment, to the village treasurer, except that no interest shall be charged if the entire assessment is .paid within 30 days from the adoption of t?~is resolution; and he may, at any time thereafter, pay to the county treasurer the entire amount of the assessment remaining unpaid with interest, accrued to December 31, of the year in which payment is made. ~.. The Clerk shall forth~rith transmit a certified duplicate of t~~is assessment to the county auditor to be extended on the proper tax lists of the county and such assessment shall be collected and paid over in the same manner as other municipal taxes.