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RESOLUTION NO. 2009 -11 <br />RESOLUTION ADOPTING ASSESSMENTS FOR THE FONDANT AVENUE, <br />FOXHILL AVENUE, FRANCESCA AVENUE, FREELAND AVENUE, GENEVA <br />AVENUE, LOWER 147TH STREET NORTH, 14e STREET NORTH, AND 150M <br />STREET NORTH IMPROVEMENT PROJECT <br />WHEREAS, pursuant to proper notice duly given as required by law, the council has met <br />and heard and passed upon all objections to the proposed assessment for the <br />improvement of Fondant Avenue, Foxhill Avenue, Francesca Avenue, Freeland <br />Avenue, Geneva Avenue, Lower 147th Street North, 148th Street North, and <br />150th Street North. The improvements will be generally located within the <br />previously listed roadways. The improvements include removal of existing <br />pavement, repairs to the existing utility infrastructure, sidewalks, storm drainage <br />improvements, and reconstructing the roadway to an urban section roadway with <br />concrete curb and gutter. <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 in equal annual installments extending over a <br />period of 10 years, the first of the installments to be payable on or before the first <br />Monday in January 2010, and shall bear interest at the rate of 6.25% per annum <br />from the date of the adoption of this assessment resolution. To the first <br />installment shall be added interest on the entire assessment from the date of this <br />resolution until December 31, 2010. To each subsequent installment when due <br />shall be added interest for one year on all unpaid 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 />