1988.02.01 RESO 1988-0008 - Laserfiche WebLink

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RESOLUTION 1988-8 RESOLUTION ADOPTING ASSESSMENT FOR HOMESTEAD DRIVE PUBLIC IMPROVEMENT PROJECT #1987-30-0. WHEREASs pursuant topropernotice 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 125th Street from County Road 10 north to Homestead Drives and Homestead Drive from 125th Street north to 130th Street, and i3Oth Street from Homestead Drive east to its terminations by the improvement of bituminous surfacing and related improvements., NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUS09 WASHINGTON COUNTY, MINNESOTA: I. Such proposed assessments a copy of which is attached hereto and made a part hereofs 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 benefited 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 (10) yearss the first of the installments to be payable on or before the first Monday in January, 19e9s and shall bear interest at the rate of 9 1/2% per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest an the entire assessment from the date of this resolution until December 31, 1988. 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 an 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 the resolution; 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 property tax lists of the county. Such assessments shall be collected and paid over in the same manner as other municipal taxes. Upon roll calls the following members voted AYE: Theodora Peltier, Arthur Potts, Robert Olson, Deane Vails George Atkinson Upon roll call, the following members voted NAY: NONE ADOPTED AND PASSED THIS IST DAY OF FEBRUARY 1988. Borg kin, s Mayor ATTEST: Mar, y Creager, Ci Clerk 6//011