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,. . . RESOLUTION NO. 6126 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Resolution 6126 Adopting the Special Assessments Levy for the Street Repair at 7832 Bona Road WHEREAS, an agreement of assessment and waiver of irregularity and appear was signed by the owners of 7832 Bona Road and is on file at the city; and WHEREAS, the street repairs were performed at a cost of $1,523.00 on September 9,2003; and WHEREAS, a $25.00 administrative fee will be added to the account upon adoption of this resolution. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds View that: 1. The following proposed assessment roll: 7832 Bona Road PID: 05.30.23.33.0075 $1,548.00 is accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein is hereby found to be benefited by the street repair in the amount of the assessment levied against it. 2. The assessments as adopted and confirmed shall be payable in equal annual installments over a period of three (3) years, the first of the installments to be payable on or before the first Monday in January 2004, and shall bear interest at the rate of four and one half (4.5) percent per annum from October 14,2003. To the first installment shall be added interest on the entire assessment from October 14,2003 through December 31,2004. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may at any time prior to the certification of the assessments to the County Auditor pay the whole of the assessment, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and the owner may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment, with interest from the date of adoption of this resolution through the date of payment, such payment must be made before November 26lh, or interest will be charged through December of the succeeding year. 4. The City Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the county, and such assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted this 13th Day of October 2003.