CC RES 69-038 RESOLUTION ADOPTING ASSESSMENT FOR SEWER & WATER IMRPOVEMENT 1969-2, SEWER & WATER IMPROVEMENT 1969-1; STORM SEWER IMPROVEMENT 1968-4, STREET IMPROVEMENT 1968-4, STREET IMPROVEMENT 1968-3

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RESOLUTION NO. 69-038 RESOLUTION ADOPTING ASSESSMENT FOR SEWER AND WATER IMPROVEMENT 1969-2 r SEWER AND WATER IMPROVEMENT 1969-1 STORM SEWER IMPROVEMENT 1968-4 STREET IMPROVEMENT 1968-4 STREET IMPROVEMENT 1968-3 WHEREAS, pursuant to mailed and published notice as required by law, the St. Anthony Village Council has met, heard and passed upon all objections to the proposed assessments for the following improvements : Street Improvement 1968-3 1. Silver Lane - East of Silver Lake Road to east boundary of Village. Street Improvement 1968-4 1. Streets east of Silver Lake Road and north of 37th Avenue N.E. 2. Streets within St. Anthony Industrial Park. Storm Sewer Improvement 1968-4 1. Property lying east of Silver Lake Road and within Village Storm Sewer Drainage District A. • Sewer and Water Improvement 1969-1 1. Property within St. Anthony Industrial Park. 2. Salvation Army property on Silver Lake. Sewer and Water Improvement 1969-2 1. Water services installed for properties in the Ramsey County industrial area. NOW THEREFORE, BE IT RESOLVED by the St. Anthony Village Council : 1. The proposed assessments for each of the above improvements as amended, copies of which are attached and made a part of this resolution by reference, are hereby accepted and adopted and the same shall constitute the special assessment against each of the lands described therein and each tract of land therein included is hereby found to be benefited by the municipal improve- ments in the amount of the special assessment levied against the lands for each improvement. 2. The assessments shall be payable in equal annual installments ex- tending over a period of 20 years, the first installments plus accrued interest to be payable on or before the first Monday in January, 1970, and said assess- ments shall bear interest at the rate of 7 per cent per annum from the date of the adoption of this resolution. To the first installment shall be added interest • on the entire assessment from the date of this resolution until December 31, 1970. To each subsequent installment when due shall be added interest for one year on all unpaid installments.