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RESOLUTION NO. 336 <br />V ILIA_GE nF MODS V IN' <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />A RESOLUTION ADOPTING ASSESSMENT <br />WHEREAS, pursuant to Minnesota Statutes Chapter 429.031, Subdivision 3, <br />and pursuant to an agreement entered into on the day of l by <br />the Village of Mounds View and the fee owners of the property involved herein, <br />NOW, THEREFORE BE IT RESOLVED by the Village Council of the Village of <br />Mounds View, Minnesota: <br />1. The proposed and agreed upon assessment, a copy of which is attached <br />hereto and made a part hereof, is hereby accepted and shall constitute the special <br />assessment against the lands named therein, and each tract of land therein included <br />is hereby found to be benefited by the proposed improvement in the amount of the <br />assessment levied against it. <br />2. Such assessment shall be payable in equal annual installments extending <br />over a period of fifteen (15) years, the first of the installments to be payable on <br />or before the first Monday in January 1968 and shall bear interest at the rate of <br />6% per annum from the date of the adopli on of this assessment resolution. To the <br />first installment shall be added interest on the entire assessment from the date of <br />this resolution until December 31, 1968. To each subsequent installment when due shall <br />be added interest for one year on all unpaid installments. <br />3. The owner of any property so assessed may, at any time prior to <br />certification of the assessment to the County Auditor, pay the whole of the assessment <br />on such property, with interest accrued to the date of payment, to the Village <br />Treasurer, except that no interest shall be charged if the entire assessment is <br />paid within thirty (30) days from the adoption of this resolution; and he may, at <br />any time thereafter, pay to the County Treasurer the entire amount of the assessment <br />remaining unpaid, with interest accrued to December 31st of the year in which such <br />payment is made. <br />4. The Clerk shall forthwith transmit a certified duplicate of this <br />assessment to the County Auditor to be extended on the proper tax lists of the <br />