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ORDINANCE NO. 320 <br />Page Three <br />becomes payable; or, if so provided in the <br />resolution levying the assessment, interest <br />thereon to December 31 of the year before the <br />first installment is payable may be forgiven. <br />SECTION II Chapter 26.05, Subdivision 5, Petition By <br />All Owners, is amended as follows: <br />Subdivision 5. Petition By All Owners. <br />Whenever all owners of real property abutting <br />upon any street named as the location of any <br />improvement shall petition the Council to <br />construct the improvement and to assess the <br />entire cost against their property, the Council <br />may, witheab after a public hearing, as provided <br />in Chapter 8 of the Home Rule Charter, adopt <br />a resolution determining such facts and ordering <br />the improvement. <br />SECTION III This ordinance shall take effect 30 days after <br />the date of its publication. <br />Read by the Council of the City of Mounds View on this 25th day <br />of October , 1982. <br />Read and passed by the Council of the City of Mounds View this <br />day of , 1982. <br />ATTEST: <br />(SEAL) <br />Mayor <br />Clerk -Administrator <br />