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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 regular meeting of the <br />Village Council of the Village of Mounds View, Minnesota was held at the <br />Vellage 011 in said Village on the 22nd day of January 1e62 at ee00 p.m. <br />with the fellowing members present: <br />Blanchard, Malvin, Hodges, Sullivan <br />are, <br />the following members abeent: <br />Crane <br />Member--Illmnralars1-----_intreduced the following resolution and meved <br />its adopeion: <br />A RESOLUTTN MCDIFYING ASSESSMENTS FOR WATER MAIN IMPROVEMENT <br />#95 <br />WHEREAS, The Village Council has determined that certain assesemenes <br />are to be medified er 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 a part hereof, ie <br />hereby acceeted and shall constitute the special aesessment against the lands <br />naaed ',herein, and each tract of land therein included is hereby found to be b <br />benefited by the proposed improvement in the amount ef the assesemene levied <br />against Ie. <br />2. Such assessment hall be payable in equal smnual installments <br />extending over a period of fifteen years, the first of the instalimenes to be <br />payable on or after the first Monday in January, 161 and *hall bear intereet <br />at the rate of 6 per cent per annum from the date of the adoption of this <br />assessment resolution. To the firet installment shall be added interest on the <br />entire assessment from the date of ehis resolution until December 31, 1;61. To <br />each subsequent installment wen due shall be added interest for one year en <br />all unpaid installments. <br />3. The owner ef any property 50 assessed may, at any time p <br />certification of the assessment to the county auditer, pay the whole of the <br />aesessment on such properey, with interest accrued to the date of payment, to • <br />he Village Treasurer, except that no interes shall be charged if the entire <br />aseesement is paid within 30 days from the adoption -4 this resolution; and he m y <br />at any ti thereafter, pay to the county treasurer the entire amount of the <br />assessment remaining unpaid, with interest accrued to necember 31 of the year <br />in which such rayment 15 made. <br />