HomeMy WebLinkAbout1999.07.06 RESO 1999-0011RESOLUTION 1999-11
A RESOLUTION ADOPTING THE ASSESSMENT ROLL
FOR THE 140TH STREET P.I. PROJECT
WHEREAS, pursuant to proper notice 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 140th
Street, between the east line of Finale Avenue to the west line of Forest Boulevard,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
HUGO, MINNESOTA:
Such proposed assessment is hereby accepted and shall constitute the special assessment
against the lands names there, 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 10
years, the first of the installments to be payable on or before the first Monday in January 2000,
and shall bear interest at the rate of 7% per annum from the date of the adoption of this
assessment resolution. To the first installment shall be added interest on the entire assessment
from the date of this resolution until December 31, 2000. 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 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 the assessment. 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 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 call, members voting AYE: Barnes, Haas, Leroux, Petryk, Stoltzman
Voting Nay: None
Whereupon said resolution was declared passed and adopted this 6th day of Jul '1999.
ATTEST:
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Maryreager, City Cl
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