09-12-1984 Council Agenda - Laserfiche WebLink

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RESOLUTION NO. CONTINUED Such proposed assessment: as presented ( ) as amended ( ) of which a copy is attached hereto and made a part of is hereby accepted and shall constitute the special assessment against the lands therein and each tract of land therein included is hereby found to be benefited by the proposed assessment against it. 2. Such assessment shall be payable in equal installments extended over of period of 11 years, the first of the installments to be payable on or before the first Monday in January 19 85 ,and shall bear interest at a rate of 10 % per cent pr annum, from the date of the adoption of the assessment resolution. To the first installment shall be added interest on the entire assessment from the dateof this resolution until December -31 -1984 . To each subsequent instal- lment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may at any time prior to certification of the assessment to the County Auditor,pay the whole of the assessment on such property,with interest accrued to the date of the payment,to the city treasurer except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may at any time thereafter, pay to the County treasurer the entire amount of the assessment remaining unpaid, with interest accured to December 31 of the year in which such payment is made. Such payment must be made before , Oct. -10- or any date as asigned by the County treasurer, or interest will be charged through December 31 of the next succeeding year. 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the County and such assessment shall be collected and paid over in the same manner as other Municipal taxes. The foregoing resolution was duly seconded by Council member and the following voted infavor thereof: and the following voted againnt the same: Whereupon the said resolution was duly declared duly passed and adopted.