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EXTRACT OF MINUTES 0? MEETING <br />OF THE VILLAGE COUNCIL OF TM <br />VILLAGE OF MOUND VIEW, MINAEaOTA <br />Purseant to due call and notice thereof, a regular meeting of the <br />Council of the Village of Mounds View, Minnesota was held at the Village <br />Hall in said Village D1 t! 26th day of August, 1963 at a:00 p.m. with the <br />followiag members present: <br />Hodges, Blanchard, Malvin, Sullivan <br />and the following member absent: <br />Member <br />moved its adoption: <br />R1 AP Ch erH 1 <br />ng res1ution and <br />UMW <br />4 134 A RESOLUTION MODIFYING AS 8LWiENTS YXt A 1 WATT <br />WATER RAIN 60-3. CV :3e-1) <br />The Village Council has d that eertale <br />assessments are to be divided, <br />NOW, THEeElsenE, BE XT RESOLVED, That the follow <br />divisioes a copy of which is attached hereto and t aade a part hereof, is hereby <br />accepted and shall constitute the speeial a esment against the lands named thereiu, <br />and each tract of land therein included is hereby found to be benefited by the <br />proposed ixproverieut in the axouxt of the assessment 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 adoetioa of this <br />assessment resolution. To the first in 11 t shall be added interest on the <br />entire assessment from the date of this resolution until Beeember 31, 1961. To <br />each eubseeueet lestailmeut when due shall be added interest for one year on all <br />unpaid iastailments. <br />3. The owner of any property so assessed may, at any time prior to <br />certificstl.on of the aeseit to the county auditor, pay the whole of the <br />$Ssessment on such property, with interest accrued to the date of payeent, to the <br />Village Treasui-e4-, except that no interest shall be charged if the entire <br />assessment is paid within 30 days from the adoption of thie resolution and he nay <br />