1982 Resolutions - Laserfiche WebLink

Home Browse Search

R-82-53 RESOLUTION A RESOLUTION ADOPTING FINAL ASSESSMENTS FOR THE KEATS AVENUE PROJECT WHEREAS, pursuant to proper notice duly given as required by law, the City of Lake Elmo City Council has met and heard and passed upon all objections to the proposed assessments for the improvement of Keats Avenue within said City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lake Elmo as follows, to -wit: 1. The proposed assessments, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessments 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 assessments shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable on or before October 1, 1983, and shall bear interest at the rate of 8% per annum from January 1, 1983. To the first installment shall be added interest on the entire assessment from January 1, 1983, until December 31, 1983. 3. The owner of any property so assessed may, at any time prior to the 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 before October 1, 1983; 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 10 or interest will be charged through December 31 of the next succeeding year. 4. The Clerk shall forthwith transmit a certified duplicate of these assessments 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.