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EXTRACT OF MINUTES 01 munme <br />OF THE VILLAGE COUNCIL OF THE <br />VITeAkE OF MOUNDS lam, MINNESOTA <br />Pursuant to due call and notice thereof, a regular meetthg <br />Village Council of the Village of Mounds View, Mennesota was held at the Village <br />Hall in said Village on the 14th day of October, 1903 at 0:00 o'clock p.m. with <br />the following persons present: Hodges, Blanchard, Sullivan, Malvin <br />and the followieg persons abseut: None <br />moved <br /># 135 <br />Member P la rch arc1 introduced the followlre reso1utio and <br />optima: <br />A RESOLUTION MODIFYING ASSESSMENTS FOR AREA WATER, <br />LATERAL WATER AND WATER =MOVEMENT 61-1. <br />WHEREAS The Village Council has determined that certain assessments <br />are to be ified or divieee, <br />NOW, 'IMMIXFOR, <br />44t. <br />IT RESOLVED, That the fo11owig list of <br />modifications and divtaiona, a copy of which is attached hereto and made <br />a part hereof, is hereby accepted and shall constitute th <br />special assessment <br />against the lands named trein, and each tract of land therein included is <br />hereby found to t)e benefited by the proposed improvement in the arnount of <br />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, le61 and shall bear iuterest <br />ee 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 ass as <br />To each subsequent when due shell be added interest for one year <br />on all unpaid installments. <br />3. The owner of any property so <br />the date of this resolution until December 31, 1061. <br />ay, 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 Treasrrer, 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 <br />