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• CITY OF FALCON HEIGHTS COUNCIL RESOLUTION No. 97-31 Date: July 23, 1997 ------------------------------------------ RESOLUTION ADOPTING ASSESSMENT OF 1997 LARPENTEUR AVENUE CONSTRUCTION PROJECT WHEREAS, pursuant to proper notice duly given as required by law, the city council of the City of Falcon Heights has met and heard and passed upon all objections to the proposed assessment for the 1997 improvements of Larpenteur Avenue; and WHEREAS, the properties proposed to be assessed include the following property parcels abutting Larpenteur Avenue between Fulham Street and Cleveland Avenue: 17-29-23-44-0006 17-29-23-44-0007 20-29-23-1 1-0219 • 20-29-23-1 1-0254 20-29-23-1 1-0269 20-29-23-11-0145 through 20-29-23-11-0177 20-29-23-1 1-0180 through 20-29-23-1 1-0217 20-29-23-11-0221 through 20-29-23-11-0238 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FALCON HEIGHTS, MINNESOTA: The city finds that each parcel of land named in the assessment is benefitted by the proposed improvements in the amount of the assessment the city proposes to levy against it in the assessment. The city accepts the assessment and levies a special assessment against each parcel of land named in the assessment in the amount in the assessment. The special assessment shall be payable in equal annual installments of principal extending over a period of ten (10) years. The special assessment shall bear interest at a rate of seven percent (7%) per annum from the date of this resolution. The first installment of principal shall be due and payable on or before the first Monday in the first January following the date of this resolution, together with interest which has accrued through December 31 of the preceding year. :7