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<br />. <br /> <br />. <br /> <br />. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Mounds View, Ramsey County, Minnesota as follows: <br /> <br />1. The amount to be assessed to the Mounds View Manufactured <br />Home Park will be determined by taking the total project cost, <br />multiplying it by 37.7 percent, then subtracting the grant amount <br />multiplied by 37.7 percent. <br /> <br />2. Assessments shall be payable in equal annual installments <br />extending over a period of ten (10) years, the first of the <br />installments to be payable on or before the first Monday in January, <br />2005, and shall bear interest at the rate of 5.0 percent per annum <br />from the date of the adoption of the assessment resolution. <br /> <br />3. Said rate and period will be applied to this project contingent on the <br />property owner submitting a petition of public improvement by no <br />later than July 1, 2004. <br /> <br />Adopted this 10th day of May 2004. <br /> <br />(ATTEST) <br /> <br />...... ) <br />. - <br />.' , <br />/ ./.. ,~. <br />'-- .,' h~ ,~/ <br />/' -",..... ~, <br />..4A.,- ----. <<'_~ 'L ..-~ <br />.te-rfY Lir:1ke-';'May6f" <br />, -' <br />"./ ....... <br /> <br />L~ <br /> <br />(SEAL) <br /> <br />/ <br /> <br />/:./ <br />/.c~,- <br /> <br />c <br /> <br />Kurt Ulrich, City Administrator <br />