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Pursuant to due call and notice thereof, a re gular meeting of the Village Council of the Village of Mounds View, Minnesota was held at the Red Cak Scheel in said. Village on the 10th day of July at g 2 00 p.m, with the following members present: Crane, Hedged, Malvin, Christensen, and Ad. Dep. Cl. Beog and the following members absent: Blanchard moved its adoption: EXTRACT OF MINUTES OF MEETING OF THE VILLAGE COUNCIL OF THE VILLAGE OF MOUNDS VIEW, MINNESOTA Member Crane introduced the following resolution and d A RESOLUTION MODIFYING ASSESSMENTS FOR WATER MAIN IMPROVEMENT. 1961 WHEREAS, The Village Council has determined that certain assessments are to be modified or divided, NOW, THER0RE, BE IT PINOLVED, That the following list of modifications and divisions, 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 propose=d 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 of the installments to bepayable on or after the first Monday in January, 1961 and shall bear interest at the rate of 6 per cent 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, 1961. 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 Village Treasurer, except that no interest shall be charged if the