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and the following members absent: <br />Member introduced the following resolution and moved <br />EXTRACT OF MINUTES OF MEETING <br />OF THE VILLAGE COUNCIL OF THE <br />VILLAGE OF MOUNDS VIEW, MINNESOTA <br />Pursuant to due call and notice thereof, a regular meeting of the Village <br />Council of the Village of Mounds View, Minnesota was held at the Village Hall <br />in said Village on the 26th day of March at 8:00 p.m. with the following <br />members present: Co w1 r J I N(' h K,. f �y rcri cue.. 3 1 1'Qi w.. 99 i I ti n <br />its adoption: <br />497 <br />A RESOLUTION MODIFYING ASSESSMENTS FOR AREA WATER AND WATER MAIN 60 -3. <br />WHEREAS_ The Village Council has determined that certain assessments are <br />to be modified or divided, <br />NOW, THEREFORE, BE IT RESOLVED, That the following list of modifications <br />and divisions, 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 found <br />to be benefited by the proposed improvement in the amount of the assessment <br />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 <br />to be payab e 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 b the county auditor, pay the whole of the <br />assessment on such property, with interest accrued to the date of payment, <br />to the Village Treasurer, except that no interest shall be charged in the <br />entire assessment is paid within 30 days from the adoption of this resolution; <br />