HomeMy WebLinkAboutResolution 91-28CITY OF LAKE ELMO
WASHINGTON COUNTY, MINNESOTA
RESOLUTION NO. 91 -28
A RESOLUTION ADOPTING AND PASSING ON THE ASSESSMENT FOR THE
I11PROVEMENT OF HYTRAIL AVENUE NORTH FROM HIGHLANDS TRAIL NORTH TO 59TH
STREET
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 improvement of Hytrail .Avenue North from
Highlands Trail North to 59th Street,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LAKE ELMO,
MINNESOTA
1. Such proposed. assessment, a copy of which is attached hereto
and. made a part her'eoi`, is hereby accepted and shall constitute t?ie
special assessment against the lands named therein, and each tract of
land therein included in hereby found to be benefited by the proposed
improvement in the amount of the asessment levied against it.
2. Such assessment shall be payable in annual installments
extending over a period of 5 years and shall bear interest at the rate
of 8 percent 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, 1991. 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, pav
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 mariner as other munic'pa-lg' axes.
ADOPTED BY THE COUNCIL TPS ,3rd A SEPTECT BFR, 1991.
AT David Jonso Mayor
'T'EST h
Mary Kdeffn =,' City Administrator