HomeMy WebLinkAboutResolution 7135RESOLUTION NO. 7135
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Resolution 7135 Setting an Interest Rate and Administrative Fee for Special
Assessments Certified During 2007
WHEREAS, the City will undertake the certification of several special assessment
levies during the balance of the year 2007; and,
WHEREAS, it will be 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 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 5.5% and the administrative fee of $35.00 per parcel for
special assessments certified during 2007.
Adopted this 13`h Day of August 2007.
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(ATTEST)
Rob Marty, Mayor `~
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Kurt Ulrich
City Administrator
(SEAL)