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J <br /> RESOLUTION NO. 2007 - <br /> RESOLUTION ADOPTING ASSESSMENTS FOR THE BLUE HERON GRILL <br /> IMPROVEMENT PROJECT <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> HUGO, WASHINGTON COUNTY, MINNESOTA: <br /> 1. Such assessment, a copy of which is attached hereto and made a part hereof, is <br /> hereby accepted and shall constitute the special assessment against the lands <br /> named therein, and each tract of land therein included is hereby found to be <br /> benefited by the proposed improvement in the amount of the assessment levied <br /> against it. <br /> 2. Such assessment shall be payable and certifiable as taxes in equal annual <br /> installments extending over a period of 4 years, the first of the installments to be <br /> payable on or before the first Monday in January 2008, and shall bear interest at <br /> the rate of 6.25% per annum from the date of the adoption of this assessment <br /> resolution. To the first installment shall be added interest on the entire assessment <br /> from the date of this resolution until December 31, 2008. To each subsequent <br /> installment 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 certification of <br /> the assessment to the county auditor, pay the whole of the assessment on such <br /> property, with interest accrued to the date of payment, to the city finance director, <br /> except that no interest shall be charged if the entire assessment is paid within 30 <br /> days from the adoption of this resolution; and he may, at any time thereafter, pay <br /> to the city finance director the entire amount of the assessment remaining unpaid, <br /> with interest accrued to December 31 of the year in which such payment is made. <br /> Such payment must be made before November 15 or interest will be charged <br /> through December 31 of the next succeeding year. <br /> 4. The city clerk shall forthwith transmit a certified duplicate of this assessment to <br /> the county auditor to be extended on the property tax lists of the county. Such <br /> assessments shall be collected and paid over in the same manner as other <br /> municipal taxes. <br /> Upon roll call, the following members voting AYE: <br /> Upon roll call, the following members voting NAY: <br /> Whereupon said resolution was declared passed and adopted this 5thday of November 2007. <br /> Fran Miron, Mayor <br /> ATTEST: <br /> Mary Ann Creager, City Clerk <br />