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EXTRACT OF MINUTES OF MEETING <br />OF THE VILLAGE COUNCIL OF THE <br />VILLAGE OF MOUNDS VIEW, MINNESOTA <br />Puns Pursu*nt to due cell end notice thereof a <br />of the Village Council of the vin <br />a 414 41 - <br />of 14 unds View, <br />in mad Vi 1sge on the28th <br />regulard <br />held at the <br />August <br />et,t_mmom„,„00z1.,Q,Q0_44e. with the following *ors present: <br />Crane, Hodges, Malvin, CLristensen <br />end the following members absent: None <br />Member Crane <br />its adoption: <br />total-Danced the tOiiVb$ resolution and moved <br />A RFLtJTiON MOD/FYING ASSESSMENTS poR WATER MAIN IMPROVEMENT. <br />WHEREAS, The Village Council has determined that certain assessments • <br />are to be modified or divided <br />NOW, THEREFORE, BE IT RESOLVED, That the f liming list of modificat ons <br />and &imitates, a copy of Which le attached hereto and made a part hereof, is hereby <br />accept*/ and sha I constitute the s pe eta assessment against the lands named therein <br />and each tract of land therein included is hereby found to be benefited by the <br />proposed improvement in the amount of the assessment levied against it. <br />pa Such assessment shall be payable la oval annual installments <br />extending over a period of fifteen years, the first of the installments to be <br />sayable On or after the first Nond*y in January, 196i and shall bear interest at <br />the rate or 6 per cent per annum from the date of the adoption of this assessment <br />resolution. To the first installment shall be added interest on the entire <br />assessment from the date of this resolution until DeceMber 31, 1961. To each <br />subsequent installment when due shall be added interest for one year on all unpaid <br />installments. <br />3. The owner of any property so assessed may, at any time prior to <br />certification of the a ssessment 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 is paid within 30 days from the adoption of this resolution; and he may, <br />at any tire thereafter, pay to the county tre*surer the entire amount of the <br />vith Int t to necerter 31 of 19n.ob vg,* <br />which such 1- krflt is meid <br />