HomeMy WebLinkAboutResolution 9084RESOLUTION NO. 9084
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
ADOPTING A SPECIAL ASSESSMENT LEVY FOR THE 2018 BUSINESS PARK NORTH
STREET PROJECT
WHEREAS, pursuant to proper notice given as required by law, the City Council has met
and heard and passed upon all objections to the proposed assessment for the 2018 Business
Park North and Street Improvements.
NOW, THEREFORE, BE IT RESOLVED by 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 2018
Business Park North 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 2020, and shall bear interest at the rate of five and one half (5.5)
percent per annum from February 25, 2019. To the first installment shall be added
interest on the entire assessment from February 25, 2019 through December 31, 2019.
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 April 15th, or interest
will be charged through December of the succeeding year.
4. The City Administrator 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 251 day of February, 2019.
(ATTEST)
til
(SEAL)
The Mounds View Vision
A Thriving Desirable Community
LaW A 4a
Carol A. Mueller, Mayor
40 zd2 —
Nyle ikmu d, City Administrator