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RESOLUTION NO. 6883 <br />• CITY OF MOUNDS VIEW <br />COUNTY OF iZAMSEY <br />STATE OF MINNESOTA <br />Resolution 6883 Setting an Interest Rate and Administrative Fee for Special <br />Assessments Certified During 2006 <br />WHEREAS, the City will undertake the certification of several special assessment <br />levies during the balance of the year 2006; and, <br />WHEREAS, it will b'e more efficient if the interest rate and administrative fees are set <br />once and then applied to all levies; and <br />WHEREAS, these should be set so as to cover ail costs to the city of providing <br />special assessments as a financing tool to its residents without being excessive. <br />NOW, THEREFORE, BE fT RESOLVED that the City Council of the City of Mounds <br />View sets the interest rate of 6.0% and the administrative fee of $30.00 per parcel for <br />special assessments certified during 2006. <br />Adopted this 10`h Day of July 2006. <br />• <br />Rob.GiVlarty, Mayor <br />(ATTEST) <br />,~`~/"~~ <br />urt Ulrich <br />City Administrator <br />(SEAL) <br />• <br />