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RESOLUTION 1991 �-13 <br />RESOLUTION ADOPTING ASSESSMENTS FOR CAPITAL IMPROVEMENT PROJECT PHASE I <br />#5-2-86-(H) <br />WHEREAS, pursuant to proper notice duly given as required by law, the City <br />Council has met and heard and passed upon all objections to the proposed <br />assessments for the improvement of Oneka Lake Boulevard from 200' east of <br />Geneva Avenue easterly to Harrow Avenue, Harrow Avenue from 157th Street <br />north to 165th Street, Goodview Avenue from County Road SA to the south <br />corporate limits, Falcon Avenue from 124th Street south to 120th Street, <br />177th Steet from State Aid Highway 61 to Greystone Avenue, 130th Street <br />from State Highway 61 east to Goodview Avenue, and Hyde Avenue from 147th <br />Street south approximately .4 miles, and the 146th Street and 147th Street <br />railroad crossings, by the improvement of street surfacing and related <br />improvements; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, <br />WASHINGTON COUNTY, MINNESOTA: <br />1. Such proposed assessment, a copy of which is attached hereto and made <br />a part hereof, is hereby accepted and shall constitute the special <br />assessments against the land named therein, and each tract of land <br />therein included is hereby found to be benefitted by the proposed <br />improvement in the amount of the assessment levied against it. <br />2. Such assessments shall be payable in equal annual installments <br />extending over a period of fifteen years, the first of the <br />installments will be payable on or before the first Monday in January <br />1991 and shall bear interest at the rate of 9% per annum from the date <br />of the adoption of the assessment resolution. To the first install- <br />ment shall be added interest on the entire assessment from the date of <br />the resolution until December 31, 1990. To each subsequent install- <br />ment when due shall be added interest for one year on all unpaid <br />installments. <br />3. The owner of any property so assessed may at any time, prior to <br />certification of the assessments to the County Auditor, pay the whole <br />of the assessment on such property, with interest accrued to the date <br />of payment, to the City Treasurer, except that no interest shall be <br />charged if the entire assessment is paid within 30 days from the <br />adoption of this resolution; and he may, at any time thereafter, pay <br />to the City Treasurer the entire amount of the assessment remaining <br />unpaid, with interest accrued to December 31st of the year in which <br />such payment is made. Such payment must be made before November 15th <br />or interest will be charged through December 31st of the next <br />succeeding year. <br />Upon roll call Council members voting AYE: <br />Vail, Atkinson <br />Council members voting NAY: NONE <br />Where upon said resolution was declared pas <br />May, 1990. / <br />ATTEST: <br />MarvAyin Creaoer. CiZ4 Clerk <br />McAllister, Jesinski, Olson, <br />and adatted this 7th of <br />AtYinson , Mayor <br />