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HomeMy WebLinkAboutResolution 96-35City of Lake Elmo Washington County, Minnesota Resolution No. 96 -35 A Resolution Adopting the Final Assessment for County Road 13 (Inwood Avenue) Improvement WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and heard and passed upon all the objections to the proposed assessment for improvement of CSAH 13 (Inwood Avenue) from CSAH 6 (Stillwater Boulevard) to CSAH 10 (10th Street). NOW, THEREFORE, BE IT RESOLVED BY THE LAKE ELMO CITY COUNCIL: 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 five (5) years. The first of the installments to be payable on or before the first Monday in January, 1998, and shall bear interest at the rate of 8 percent per annum from November 15, 1997. To the first installment shall be added interest on the entire assessment from November 15, 1997, until December 31, 1997. To each subsequent installment when due shall be added interest for one year on all unpaid installments. The owner of any property so assessed may, at any time prior to November 15, 1997, pay the whole of the assessment on such property without interest to the City Treasurer. He may, at anytime 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 transmit a certified duplicate of this assessment to the County Auditor, after December 15, 1996, 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. Adopted by the Lake Elmo City Council this 7th day of November, 1996. /w"'�� Wyn olm,.Mia or — Attest: Mary Kueffri r, , ity A istrator