HomeMy WebLinkAboutResolution 6082
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RESOLUTION NO. 6082
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Resolution 6082 Setting an Interest Rate and Administrative Fee for Special
Assessments Certified During 2003
WHEREAS, the City will undertake the certification of several special assessment
levies during the balance of the year 2003; and,
WHEREAS, it will most efficient and fair if the interest rate and administrative fees
are set once and then applied to all levies; and
WHEREAS, these should be set so as to cover all costs to the city of providing
special assessments as a financing tool to its residents without being excessive.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds
View sets the interest rate of 4.5% and the administrative fee of $25.00 per parcel for
special assessments certified during 2003.
Adopted this 25th Day of August 2003.
(ATTEST)
ry L' , or
~. -(IJ2
/Kurt Ulrich
City Administrator
(SEAL)