HomeMy WebLinkAbout1982-015 Council Resolution•
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RESOLUTION #82 -15
WHEREAS, pursuant to proper notice duly given as required by law,
the Council has met and heard and passed upon all objections to the
proposed assessment for the improvement of Hodgson Road and County
Road J.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES,
MINNESOTA:
1) Such proposed assessment, a copy of which is attached hereto
and made a part hereof, 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 benefitted by
the proposed improvement in the amount of the assessment levied
against it.
2) Such assessment shall be payable in equal annual installments
extending over a period of years, the first of the install-
ments to be payable on or before the first Monday in January, 1983
and shall bear interest at the rate of 11.97 percent 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, 1982. To each sub-
sequent installment 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 payment, to the City Treasurer, except that no interest
shall be charged if the entire assessment is paid within thirty (30)
days from the adoption of this Resolution; and he may, at any time
thereafter, pay to the City Treasurer the entire amount of the
assessment remaining unpaid, with interest accrued to December 31
of the year in which such payment is made, Such payment must be
paid before November 15 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 proper
tax lists of the County, and such assessments shall be collected
and paid over in the same manner as other municipal taxes.
Adopted by the Council this
411 et_— -'
day of 0, a ,1982.
Edna L. Sarner, Clerk- Treasurer