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EXTRACT OF MINUTES OF MEETING <br />OF THE VILLAGE COUNCIL OF THE <br />VILLAGE OF MOUNDS VIEW, MINNESOTA <br />Resolution 115 <br />Pursuant to due call and notice thereof, a regular meeting of the <br />Village Council of the Village of Mounds View, Minnesota was held at the Village <br />Hall in said Village on the 8th day of October, 1962 at 8:00 p.m. with the <br />following members present: Crane, Hodges, Malvin and Sullivan <br />and the following members absent: <br />Member Crane introduced the following resolution and <br />moved its adoption: <br />A RESOLUTION MODIFYING ASSESSMENTS FOR AREA WATER, LATERAL <br />WATER, WATER SERVICE AND WATER MAIN 60 -3. <br />WHEREAS, The Village Council has determined that certain assessments <br />divided or abated, <br />NOW, THEREFORE, BE IT RESOLVED, That the following list of divisions <br />and abatements a copy of which is attached hereto and made a part hereof, is hereby <br />accepted and shall constitute the special assessment against the lands named therein, <br />and each tract of land therein included is hereby found to be benefited by the <br />proposed improvement in 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 be <br />payable on or after the first Monday in January, 1961 and shall bear interest at the <br />rate of 6 per cent per annum from the date of the adoption of this assessment <br />resolution. To the first installment shall be added interest on the entire <br />assessment from thedate of this resolution until December 31, 1961. To each <br />subsequent installment when due shall be added interest for one year on all unpaid <br />installments. <br />Blanchard <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 interest accrued to the date of payment, to the <br />Village Treasurer, except that no interest shall be charged if the entire <br />assessment is paid within 30 days from the adoption of this resolution; and he may <br />