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EXTRACT OF MINUTES or MUTING <br />OF THE VILLAGE COUNCIL OF TIE <br />VILLAGE OF MOUNDS VIEW, MINNISOTA <br />Pursuant to due call and notice thereof, a x <br />meeting of the Village Council of the Village of Mounds Vied, Minnesota <br />was held at the 'in said Village on the 'day of July <br />1961 at p.m. with the following members present: <br />and the following members absent: N o c <br />Member r r t <br />introduced the following resolution and <br />moved its adoption: IrgQ <br />A REeOLVRLON DIFYINO A98E88MNNT8 FOR WATER MAIN DIPROVEM N <br />WHEREAS, The Village Council has determined that certain assessments <br />are to be modified or divided, <br />NOW, Tom, BE IT RESOLVED, That the following list of <br />modifications and divisions, a copy of which is attached hereto and mode <br />a part hereof, is hereby accepted and shall constitute the special <br />amassment against the lands named therein, and each tract of land therein <br />included is hereby found to be benefited by the proposed improvement 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 />Amtereat at tpe rate pi 6 per cent per annum from the date of the adoption <br />of this assessment resolution. Tb 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 />intere9t 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 interest accrued to the date of payment, <br />to the Vi11 Treasurer, Except that no interest thn).1 be charged if the <br />