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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 n�o,Ir' meeting of <br />the Village Council of the Village of Mounds View, Minnesota was held at <br />in said Village on the <br />Z g ` day of .� <br />1961 at l 'Jto p.m. with the following members present: <br />and the following members absent: <br />Member introduced the following resolution and moved <br />its adoption: tl /cP r0 <br />A RESOLUTION MODIFYING ASSESSMENTS FOR WATER MAIN IMPROVEMENT. <br />WHEREAS, The Village Council has determined that certain <br />assessments are to be modified or divided, <br />NOW, THEREFORE, RE IT RESOLVED, That the following list of <br />modifications, 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 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 <br />the entire assessment from the date of this resolution until December 31, 1961. <br />To each subsequent installment when due shall be added interest for one year <br />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, to <br />the village treasurer, except that no interest shall be charged if the entire <br />