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No. R-91-17 CITY OF FALCON HEIGHTS C O U N C I L R E S O L U T I O N Date RESOLUTION ADOPTING ASSESSMENT March 27, 1991 FOR THE 1991 STREET IMPROVEMENT PROJECT 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 Albert Street from Larpenteur Avenue to Garden Avenue, Arona Street from Crawford Avenue to Roselawn Avenue, Fry Street, St. Mary's Street, Maple Knoll Drive, Garden Avenue from Fry Street to Snelling Avenue Frontage Road and has amended such proposed assessment~as it deems just. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FALCON HEIGHTS, MINNESOTA: 1. Such proposed assessment, as amended, 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 ~nerein included is hereby found to be benefited by the proposed nprovement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of 10 years, the first of the installments to be payable on or before the first Monday in January, 1992 and shall bear interest at the rate of 8 per cent 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, 1991. To each subsequent installmEnt when due shall be added interest for one year on the unpaid installments. Moved by Wal 1 in YEAS 4 BALDWIN CIERNIA Absent-- G E H R Z WALLIN JACOBS Nays 0 4 in Favor 0 Against Approved by_~~ .J`~~%rC~~~-'`-'`-- Mayor 3/27/91 '' _ e Attested by G'-'~~c.' „e,~o~ G~ ~'~~ / City lerk 3/27/91 _ Date Adopted by Council March 27, 1991