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EXTRACT OF MINUTES OF MEETING <br />or THE VILLAGE COUNCIL OP TBE <br />VILLAGE <br />OF MOMS VIEW, MINNESOTA <br />PU•suant to due call and notice thereof, <br />meeting of the Village Council of the Village of Mounds View Minmeseta <br />was held at thei ted Oak ch .irt said village ail Q. 21Lth of July <br />1961 at m. with the following members present* /Ai( <br />and the foliowing members absent: Aso <br />Member , . introduced the following resolution and <br />moved its adoption: 4:.spo <br />A RESOUNION Din ASSESSMENTS FOR WATER MAIN IMPIOVNINTs <br />WHEREAS, The Village Council has determined that certain assessments <br />are to be modified or divided, <br />NOW <br />following list of <br />modifications and dtvisions, a copy of wLeh is attached hereto and made <br />a part hereof, is hereby accepted and shall constitute the special <br />assessment 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 />Such assessment she 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 />Merest at the rate pa 6 per cent per annum from the date of the adoption <br />of this assessient resolution. To 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 />interest for one year on all unpaid installments. <br />The owner of any property so assessed may, at any t.. or to <br />certification of the assessment to the county auditor, pay the whole of the <br />assessment on ouch property, with interest accrued to the date of payment, <br />to the Village Treasurer, except that no interest shall be charged if the --J <br />