HomeMy WebLinkAbout1989-032 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 32 - 89
RESOLUTION ADOPTING ASSESSMENT FOR THE IMPROVEMENT OF D.
ERICKSON'S 2ND ADDITION, PHASE II
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 above improvement of D. Erickson's 2nd
Addition, Phase II.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
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 benefited 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 fifteen years,
the first of the installments to be payable on or before
the first Monday in January, 1990 and shall bear
interest at the rate of nine (9) per cent per 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, 1989. To each subsequent 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 made
before October 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 property tax lists of the County. Such
assessments shall be collected and paid over in the same
manner as other municipal taxes.
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CITY OF LINO LAKES
�..� Adopted by the County this 8th day of May, 1989.
njamin/ v. ttenson, ayor
Marilyn G.Anderson, Clerk -Treasurer
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