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CCRes_92-17
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CCRes_92-17
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• <br />No. R-92-17 <br />CITY OF FALCON HEIGHTS <br />C O U N C I L R E S O L U T I O N <br />Date May 13, 1992 <br />----------------------------------------------------------------- <br />RESOLUTION ADOPTING ASSESSMENT <br />WHEREAS, pursuant to proper notice duly given as <br />required by law, the Council has met and heard and passed upon <br />all objections to the proposed assessment for the improvement of <br />Cleveland Avenue between the centerline of Larpenteur and the <br />centerline of Roselawn Avenue. Following is the area to be <br />assessed: <br />Those lands within Section 16, Township 29, Range 23 and Section <br />17, Township 29, Range 23 that abut Cleveland Avenue from <br />Larpenteur Avenue to Roselawn Avenue. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />FALCON HEIGHTS, MINNESOTA: <br />• 1. Such proposed assessment, a copy of which is attached hereto <br />and made a part hereof, is hereby accepted and shall <br />constitute the special assessment against the lands named <br />therein, and each tract of land therein included is hereby <br />found to be benefitted by the proposed improvement in the <br />amount of the assessment levied against it. <br />2. Such assessment shall be payable in equal annual <br />installments extending over a period of ten years, the first <br />of the installments to be payable on or before the first <br />Monday in January, 1993 and shall bear interest at the rate <br />of 8 percent per annum from the date of the adoption o~ this <br />assessment resolution. To the first installment shall be <br />added interest on the entire assessment from the date of <br />this resolution until December 31, 1993. To each subsequent <br />installment when due shall be added interest for one year on <br />the unpaid installments. <br />3. The owner of any property so assessed may, at any time prior <br />to certification of the assessment to the county auditor, <br />pay the whole of the assessment on such property, with <br />interest accrued to the date of payment, to the city <br />treasurer, except that no interest shall be charged if the <br />entire assessment is paid within 30 days from the adoption <br />of this resolution; and he/she may, at any time thereafter, <br />pay the entire amount of the assessment remaining unpaid, <br />• with interest accrued to December 31 of the year in which <br />such payment is made. Such payment must be made before <br />
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