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1f <br />CITY OF ST. ANTHONY <br />RESOLUTION 97 -018 <br />A RESOLUTION ADOPTING AND CONFIRMING ASSESSMENTS FOR <br />VARIOUS PUBLIC IMPROVEMENTS <br />The amount proper and necessary to be specially assessed at this time for various public <br />improvements: <br />First First <br />Year Year <br />Project Years Levy Collectible Assessed <br />Reconstruction and utility rehabilitation (35 % assessable): <br />Roosevelt Street, between <br />35th Avenue NE and <br />37th Avenue NE <br />35th Avenue NE, between <br />Stinson Boulevard and <br />Harding Street 15 1997 1998 $162,723.38 <br />against every assessable lot, piece, or parcel of land affected thereby has been duly calculated <br />upon the basis of benefits, without regard to cash valuation, in accordance with the provisions of <br />Minnesota Statutes, Chapter 429, and notice has been duly published, as required by law that this <br />Council would meet to hear, consider and pass upon all objections, if any, and said proposed <br />assessment has at all time since its filing been open for public inspection and an opportunity has <br />been given to all interested persons to present their objections if any, to such proposed <br />assessments. <br />2. This Council, having heard and considered all objections so presented, finds that each of the lots, <br />pieces and parcels of land enumerated in the proposed assessment was and is specially benefitted <br />by the construction of said improvement in not less than the amount of the assessment set opposite <br />the description of each such lot, piece and parcel of land respectively, and such amount so set out <br />is hereby levied against each of the respective lots, pieces and parcels of land therein described. <br />3. The proposed assessments are hereby adopted and confirmed as the proper special assessments <br />for each of said lots, pieces and parcels of land respectively, and the assessment against each <br />parcel, together with interest at the rate calculated at 2% over the prime rate at the time of <br />assessment per annum accruing on the full amount thereof unpaid, shall be a lien concurrent with <br />general taxes upon parcel and all thereof. The total amount of each such assessment not pre -paid <br />shall be payable in equal annual principal installments extending over a period of years, as <br />indicated in each case. The first of said installments, together with interest on the entire <br />assessment for the period of January 1, 1997 through December 31, 1997, will be payable with <br />