HomeMy WebLinkAbout1990-028 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 28 - 90
RESOLUTION ADOPTING ASSESSMENT FOR THE IMPROVEMENT OF SUNRISE
MEADOWS AND SURROUNDING AREAS
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 Sunrise Meadows and
Surrounding Areas
NOW THEREFORE, DE 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, 1991 and shall bear
interest at the rate of nine and one quarter (9 1/4) 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, 1990. 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
of this assessment to the County Auditor to be
on the property tax lists of the County. Such
assessments shall be collected and paid over in
manner as other municipal taxes
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L.,
CITY OF LINO LAKES
Resolution No. 28 - 90
Adopted by the County this 29th day of May, 1990.
Harold L. Bisel, Mayor
Mar1 Anderson, Clerk -Treasurer
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