HomeMy WebLinkAbout1987-026 Council Resolution•
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CITY OF LINO LAKES
RESOLUTION NO. 87 - 26
RESOLUTION ADOPTING ASSESSMENT ROLL FOR ULMER'S RICE LAKE THIRD
ADDITION
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 improve-
ment of Ulmer's Rice Lake Third Addition described
as follows:
The plat known as Ulmers' Rice Lake Third Addition ex-
cept Lots 22, 20, 19 and 18, Block 2 and Lots 6, 7, 8
and 9, Block 4, Ulmer's Rice Lake Addition will also
be included.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES,
MINNESOTA:
1. Such proposed assessment, a copy of which is attached here-
to and made a part hereof, be 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 benefited by the proposed improvement in the
amount of the assessment levied against it.
2. Such assessment shall be payable in equal annual install-
ments extending over a period of ten years, the first of
the installments to be payable on or before the first Mon-
day in January, 1988 and shall bear interest at the rate
of nine per cent annum from the date of the adoption of
this assessment resolution. To the first installment
shall be added interest on the entire assessment from
January 1, 1987. To each subsequent installment when
due shall be added interest for one year of unpaid install-
ments.
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 30 days from the adopt-
ion of this resolution; and he may, at any time thereafter,
pay to the City Treasurer the entire amount of the assess-
ment remaining unpaid, with interest accrued to December 31
of the year in which such payment is made. Such payment
must be made before October 10 or interest will be charged
through December 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
411 RESOLUTION NO. 87 - 26
Page -2-
shall be collected and paid over in the same manner as
other municipal taxes.
Adopted by the Council this eighth day of June, 1987.
Mabil Y n G. Anderson, Clerk - Treasurer
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enja G. Benson, Mayor