1991.10.21 RESO 1991-0019 - Laserfiche WebLink

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, 1 --P - RESOLUTION 1991-19 RESOLUTION ADOPTING ASSESSMENTS FOR CAPITAL IMPROVEMENT PROJECT PHASE 2 WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met and heard and passed upon all objections to the proposed assessments for the improvement of 130th Street from County State Aid Highway #8A west to Irish Avenue, Irish Avenue from 130th Street south to County State Aid Highway #7, 125th Street from Goodview Avenue east to Homestead Drive, 132nd Street from Henna Avenue east to County State Aid Highway #8A, Homestead Avenue from 132nd Street north to 147th Street, Henna Avenue (aka 128th Street) from 132nd Street south to Hilo Avenue, and Hilo Avenue from Henna Avenue (aka 128th Street south to 125th Street, by the improvement of bituminous surfacing and related improvements; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, 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 assessments against the land 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 assessments shall be payable in equal annual installments extending over a period of fifteen years, the first of the installments will be payable on or before the first Monday in January, 1992, and shall bear interest at the rate of 8% per annum from the date of the adoption of the assessment resolution. To the first installment shall be added interest on the entire assessment from the date of the resolution until December 31, 1991. 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 assessments 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 if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment remainingunpaid, with interest accrued to December 31st of i the year n which such payment is made. Such payment must be made before November 15th or interest will be charged through December 31st of the next succeeding year.