Laserfiche WebLink
assessment against the Park Board property at issue in the City <br /> of St . Anthony in the amount of $56 ,494 . 50; and, <br /> WHEREAS, the Park Board has appealed said assessment <br /> claiming, among other things , that it is illegal ; and <br /> WHEREAS, the parties, while continuing to disagree as to <br /> the legality of the assessment, have nevertheless agreed to <br /> enter into this settlement agreement to reduce further expense <br /> and inconvenience, and to resolve the appeal on this special <br /> •assessment, only; <br /> NOW, THEREFORE, in consideration of the mutual promises and <br /> • covenants contained herein, and for other good and valuable <br /> consideration, the receipt and sufficiency ofwhich are hereby <br /> acknowledged, <br /> IT IS AGREED AS FOLLOWS: <br /> 1 . In full and complete settlement of this special <br /> assessment appeal St . Anthony hereby reduces the assessment of <br /> $56,494 . 50 levied against the Park Board Property in St . Anthony <br /> by 50% to the sum of $28, 247 . 25 . This assessment of $28, 247.25 <br /> shall be assessed against the Park Board Property in the <br /> ordinary course and in the same manner in which St . Anthony <br /> assessed other affected real property owners for. the cost of the <br /> • Project . <br /> -2- <br />