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Pursuan. .n due call and notice thereof, ;a regular meeting of the <br />Village Council of the Village of Grounds View, Minnesota was held at the <br />Village ,,all in said Village on the 22nd day of January 1=)62 at 8400 p.m. <br />with the following members presents Blan chard, Malvitr Hodges, Su111v <br />and the following members absent: <br />EXTRACT OF MINUTES OF MEETING <br />OF THE VILLAGE COUNCIL OF THE <br />VILLAGE OF MOUNDS VIEti, MINNESOTA <br />Crane <br />its adoption: <br />A RES)LUTtN W.DIFYING ASSESSMENTS FOR WATER MAIN IMFROVEMENT <br />WHEREAS, The Village Council has determined that certain assessment* <br />are 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 apart hereof, is` <br />hereby accepted and shall constitute the special assessment against the lands <br />named therein, and each tract of land therein included is hereby found to be ..b <br />benefited by the proposed improvement in the amount of the assessment levied <br />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 <br />at the rate of 6 per cent per annum from the date of the adoption of this <br />assessment resolution. To the first installment shall be added interest on the <br />entire assessment from the date of this resolution until December 31, 161. To <br />each subsequent installment when due shall be added interest for one year on <br />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, to <br />the Village Treasurer, except that no 'interest shall be charged if the entire <br />assessment 15 paid within SG day trod) the adoption :f this resolution; and he may <br />at any time thereafter, pay to the county treasurer the entire amount of the <br />assessment remaining unpaid, with interest accrued to December 31 of the year <br />in which such payment is made. <br />Member Al nr..h.rsi introduced the following resolution and moved <br />