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and the following members absent: <br />EXTRACT 0? MINUTES OF MEETING <br />Or THE VILLAGE COUNCIL OF THE <br />VILLAOE OF MOUNDS VIEW. M'SNNESOTA <br />Pursuant to due call and notice thereof, a 1'.. meetin. of <br />the Village Council of the Village of Mounds View, Minnesota was held at <br />l_ in said Village on the r- day of <br />1960 at p.m. with the following members present: <br />Member z,Q.,+tJ introduced the following resolution and -:ova <br />its adoption: <br />A RESOLUTION MODIFYING ASSESSMENTS FOR WATER MAIN IMPROVEMENT. <br />iW,MNR8EA5. The Village Council has determined that certain <br />assessments are to be modified or divided, <br />NOW. THEREFORE, BE IT RESOLVED, That the following list of <br />modifications, a copy of which is attached hereto and made a part hereof, <br />is hereby accepted and shall constitute the special assessment against the <br />lands named therein, and each tract of land therein included is hereby fouw.s <br />to be benefited by the proposed improvement in the amount of the assessment <br />levies, against it. <br />2. Such assessment shall be payable in equal annual installments <br />over a period of fifteen years. the first of the ins to to tie <br />payable on or after the first Monday in January, 1961 and shall bear interest <br />at the rate of 6 per cent per annum from the date of the adoption of this <br />assessment resolution. To the first installment shall be added interest on <br />the entire asseasment from the date of this resolution until December 31, 1961. <br />To each subsequent installment when due shall be added interest for true year <br />on all unpaid installments. <br />3. The owner of any property no asseused mky, at any time prior to <br />certification of the assessment to the oounty auditor, pay the whole of the <br />assessment on such property, with interest accrued to the date of payment, to <br />the village treasurer. except that no interest ahall be charged if the entire <br />