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HomeMy WebLinkAboutRES 86-038 RESOLUTION ADOPTING SPECIAL ASSESSMENT S RELATING TO THE IMPROVEMENT OF ST. ANTHONY BOULEVARD BETWEEN STINSON BLVD, AND SILVER LAKE ROAD Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 102362 Box: 23 Folder: RES 1986 Document: RES 86-038 RESOLUTION ADOPTING SPECIAL ASSESSMENT 5 RELATING TO THE IMPROVEMENT OF ST. ANTHONY BOULEVARD BETWEEN STINSON BLVD, AND SILVER LAKE ROAD i • RESOLUTION 86-038 A RESOLUTION ADOPTING SPECIAL ASSESSMENTS RELATING TO THE IMPROVEMENT OF ST. ANTHONY BOULEVARD BETWEEN STINSON BLVD. AND SILVER LAKE ROAD. WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and heard and passed upon all objections to the proposed assessment for the improvement of St. Anthony Boulevard between Stinson Boulevard and Silver Lake Road, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ST. ANTHONY, MINNESOTA: 1 . Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefitted by the proposed improvement in the amount of the • assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable on or before the first Monday in January, 1988 and shall bear interest at the rate of eight ( 8) percent per annum from the date of the adoption. of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this Resolution until December 31 , 1987. 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 certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged and a ten ( 10) percent discount on the full amount of the assessment shall be allowed if the entire assessment is paid prior to January 15, 1987 ; and he may at any time thereafter, pay to the City Treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December .31 of the year in 'which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. • 4 . The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the proper tax lists of the County, and such assessments shall be collected and paid over in the same manner as other Municipal taxes. Adopted by the Council this ' day of De-ce—m be-r , 19�. i Mayor &A,U.V �Z- City Clerk Reviewed for administration: • City Manager 7' - jl