HomeMy WebLinkAboutCCRes_98-07• No. 98-07
Date: March 25. 1998
CITY OF FALCON HEIGHTS
CITY COUNCIL RESOLUTION
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RESOLUTION ADOPTING ASSESSMENT OF 1998 LARPENTEUR AVENUE
IMPROVEMENT 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 assessments for the 1998 improvements of
Larpenteur Avenue and
WHEREAS, the properties proposed to be assessed include the
following property parcels abutting Larpenteur Avenue between Cleveland Avenue
• and Snelling Avenue:
16-29-23-33-0002 through 16-29-23-33-0003
16-29-23-34-0018 through 16-29-23-34-0022
16-29-23-34-0026 through 16-29-23-34-0027
16-29-23-34-0073 through 16-29-23-34-0074
16-29-23-34-0086 through 16-29-23-34-0090
16-29-23-44-0023
21-29-23-1 1 -0001 through 21-29-23-1 1-0002
21-29-23-1 1-0024
21-29-23-12-0002 through 21-29-23-12-0008
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
proposed 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 17%) 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.
Each owner of property that is subject to this special assessment may,
at any time before certification of the assessment to the county auditor, pay to the
city the principal amount plus accrued interest then owing, providing the city shall
not charge interest if the entire assessment is paid within thirty (30) days of the
date of this resolution. At any time on or before November 15 of each year in
which the assessment is outstanding, a property owner may prepay the assessment
by paying to the city an amount equal to the principal then outstanding, plus
interest through December 31 of the year in which the property owner prepays.
Any prepayment made after November 15 must include interest through December
31 of the following year.
The city directs the city clerk to transmit a certified copy of this
resolution to the county auditor for Ramsey County, with instructions to extend the
assessment on the appropriate tax lists of the county, and collect and pay over to
the city the assessment in the same manner as other municipal taxes.
Adopted by the city council of the City of Falcon Heights this 25th day
• of March, 1998.
Moved by: Gibson Talbot Approved by:,~ .~, /~
Mayor
March 25, 1998
GEHRZ (absent) 3 In Favor Date
GIBBON TALBOT g
HUSTAD 0 A ainst ''~
y_ ~CIU~/1~~~~~~
Attested b ~
JACOBS City Clerk
KUETTEL (absent) March 25, 1998
Date