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