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10/23/1995 Council Packet
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10/23/1995 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
10/23/1995
Council Meeting Type
Regular
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Council Member <br />adoption: <br />introduced the following resolution and r <br />RESOLUTION NO. 95 - 137 <br />A6eNbA <br />GA <br />RESOLUTION ADOPTING ASSESSMENT FOR THE IMPROVEMENT OF <br />COUNTRY LAKES ESTATES, PLAT I <br />WHEREAS: pursuant to proper notice duly given as required by law, the City Council <br />met and heard and passed upon all objections to the proposed assessment <br />for the improvement of Country Lakes Estates, Plat 2 <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LINO LAKES, MINNESOTA: <br />1, Such proposed assessment, a copy of which is attached hereto and made a part <br />thereof, is hereby accepted and shall constitute the special assessment against the <br />lands named therein, and each tract of land therein included is hereby found to be <br />benefited by the proposed improvement in the amount of the assessment levied <br />against it. <br />Such assessment shall be payable in equal annual installments extending over a <br />period of fifteen years, the first installment to be payable on or before the first <br />Monday in January, 1996 and shall bear interest at the rate of seven and one-half <br />(7 1/2%) per cent per annum from the date of the adoption of this assessment <br />resolution. To the First installment shall be added interest on the entire assessment <br />from the date of this resolution until December 31, 1995. To each subsequent <br />installment when due shall be added interest for one year on all unpaid installments. <br />3. The owner of any property so assessed may, at any time prior to certification of <br />the assessment to the County Auditor, pay the whole of the assessment on such <br />property, with interest accrued to the date of payment, to the City Treasurer, <br />except that no interest shall be charged if the entire assessment is paid within thirty <br />(30) days from the adoption of this resolution; and he may at any time thereafter, <br />pay to the City Treasurer the entire amount of the assessment remaining unpaid, <br />with interest accrued to December 31, of the year in which such payment is made. <br />Such payment must be made before November 15, or interest will be charged <br />through December 31 of the next succeeding year. <br />The Clerk shall forthwith transmit a certified duplicate of this assessment to the <br />County Auditor to be extended on the property tax lists of the County. Such <br />assessments shall be collected and paid over in the same manner as other municipal <br />taxes. <br />Adopted by the City Council this 23rd day of October, 1995. <br />
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