HomeMy WebLinkAboutResolution 7169RESOLUTION NO. 7169
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Adopting a Special Assessment Levy for the Hidden Hollow South Utility and
Street Improvement Project
WHEREAS, pursuant to proper notice given as required bylaw, the City Council has
met and heard and passed upon all objections to the proposed assessment for the Hidden
Hollow South Utility and Street Improvements.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds
View that:
1. Such proposed assessment roll, a copy of which is attached hereto and made a
part hereof, is accepted and shall constitute the special assessment against the
lands named therein, and each tract of land therein is hereby found to be benefited
by the Hidden Hollow South Utility and Street Improvement in the amount of the
assessment levied against it.
2. The assessments as adopted and confirmed shall be payable in equal annual
installments over a period of ten (10) years, the first of the installments to be
payable on or before the first Monday in January 2008, and shall bear interest at
the rate of five and one half (5.5) percent per annum from October 9, 2007. To the
first installment shall be added interest on the entire assessment from October 9,
2007 through December 31, 2007. To each subsequent installment when due shall
be added interest for one year on all unpaid installments.
3. The owner of any property so assessed may at any time prior to the certification of
the assessments to the County Auditor pay the whole of the assessment, with
interest accrued to the date of payment, to the City Treasurer, except that no
interest shall be charged if the entire assessment is paid within 30 days from the
adoption of this resolution; and the owner may, at any time thereafter, pay to the
City Treasurer the entire amount of the assessment, with interest from the date of
adoption of this resolution through the date of payment, such payment must be
made before November 29~h, or interest will be charged through December of the
succeeding year.
4. The City Clerk shall forthwith transmit a certified duplicate of this assessment to the
County Auditor to be extended on the property tax lists of the county, and such
assessments shall be collected and paid over in the same manner as other
municipal taxes.
Adopted this 8~" Day of October 2007.
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b Marty, Mayor
(ATTEST)
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Jim Ericson, Interim City Clerk/Administrator
(SEAL)