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VILLAGE OF MOUNDS V IEW <br />COUNTY OF'RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION ADOPTING ASSESSMENT <br />WHEREAS' Pursuant to proper notice duly given as required by law' t he <br />Council has met and heard and passed upon all objections to the proposed assessments <br />1n�� q <br />for water improvement project 196J, sewer and water improvement project <br />1967 -1, <br />NOW THEREFORE, BE IT RESOLVED by the Village Council of Mounds View, <br />Minnesota: <br />1. <br />hereof, are hereby accepted and shall constitute the special assessments against <br />the land named therein, and each tract of land 'r therein included is hereby found <br />be benefitted by the proposed improvement in the amount of the aszessment levied <br />Such assessments, copies of which are attached hereto and made a part <br />against it. <br />2. The assessment for water improvement project 1965 -9 shall be payable <br />in equal annual installments extending over a period of fifteen (15) years, the <br />first of the installments to be payable on or before the first Monday in January, <br />1968 and shall bear interest at the rate of 6% per annum from the date of the <br />adoption of this assessment resolution. To the first installment shall be aclded <br />interest on the entire assessment from the date of this resolution until December <br />31, 1968. To each subsequent installment when due shall be added interest for one <br />year on all unpaid installments. <br />3. The assessment for water improvement project 1967 -1 shall be payable <br />in equal annual installments extending over a period of fifteen (15) years, the <br />first of the installments to be payable on or before the first Monday in January, <br />1968 and shall bear interest at the rate of 6% per annum from the date of the <br />adoption of this assessment resolution. To the first installment shall be added <br />interest on the entire assessment from the date of this resolution until December <br />31, 1968. To each subsequent installment when due shall be added interest for one <br />year on all unpaid installments. <br />