HomeMy WebLinkAbout1996-134 Council Resolution\., adoption:
Council Member Kuether introduced the following resolution and moved its
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CITY OF LINO LAKES
RESOLUTION NO. 96 -134
RESOLUTION ADOPTING ASSESSMENT FOR THE IMPROVEMENT OF
THE MARSHAN LAKE CONDOMINIUMS
WHEREAS, pursuant to proper notice duly given as required by law, the City Council
met and heard and passed upon all objections to the proposed assessment
for the improvement of the Marshan Lake Condominiums,
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
thereof, 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 installment to be payable on or before the first
Monday in January, 1997 and shall bear interest at the rate of seven percent (7%)
per annum from the date of the adoption of this assessment from the date of this
resolution until December 31, 1996. 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 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 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 property tax lists of the County. Such
assessments shall be collected and paid over in the same manner as other
municipal taxes.
RESOLUTION NO. 96 - 134
Page -2-
Adopted by the Council of the City of Lino Lakes this 14th day of October, 1996.
JoL. Landers, Mayor
Marilyn G. Anderson, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member Bergeson
and upon vote being taken thereon, the following voted in
favor thereof: Bergeson, Kuether, Lyden, Landers.
The following voted against same: None, Council Member Neal was absent.
Whereupon said resolution was declared duly passed and adopted.