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Member <br />EXTRACT OF MINUTES OF MATING <br />OF THE VILLAGE COUNCIL OF THE <br />VILLAGE OF MOUNDS VIEW, MINNESOTA <br />Pursuant to due call and notice thereof, a ,e_ <br />meeting of the Village Council of the Village of Mounds View, Minnesota <br />e <br />oak <br />was held at the cho o l in said Village on the: 1_ day ofd <br />1961 at 3:°U p.m. with the following members present: <br />ne, _i U u_. G'11 z <br />and the following members absent: <br />introduced the following resolution and <br />moved its adoption: <br />1 a v A RESOLUTION MODIFYING ASSESSNENTS FOR WATER MAIN IMPROVEMENT. <br />WHEREAS, The Village Council has determined that certain assessments <br />are to be modified or divided, <br />NOW, THEREFORE, BE IT RESOLVED, That the following list of <br />modifications and divisions, a copy of which is attached hereto and made <br />a part hereof, is hereby accepted and shall constitute the special <br />assessment against the lands named therein, and each tract of land therein <br />included is hereby found to be benefited by the proposed iim'rovement in <br />the amount of the assessment levied against it. <br />2. Such assessment shall be payable in equal annual installments <br />extending over a period of fifteen years, the first of the installments to <br />be payable on or after the first Monday in January, 1961 and shall bear <br />interest at the rate of 6 per cent per annum from the date of the adoption <br />of this assessment resolution. To the first installment shall be added <br />interest on the entire assessment from the date of this resolution until <br />December 31, 1961. To each subsequent installment when due shall be added <br />interest for one year on all unpaid installments. <br />3. The owner of any property so assessed may, at any time prior to <br />certification of the assessment to the county auditor, pay the whole of the <br />assessment on such property, with intere3t accrued to the date of t, <br />to the Village Treasurer, except that no interest shall be charged if the <br />