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<br />Page 1 of 1 <br /> <br />'; . I, .... <br /> <br />RESOLUTlON NO. 02-34(12} <br />(12) RESOLUTION ADOPTING ASSESSMENT <br /> <br />WHEREAS. parsuant to proptlr notice duly given as required by law, the Council has met and hear <br />uPOIlaLl objections to the proposed assessment fur tl1e irnprovementofvariou~ drivewa}l <br />the City; and <br /> <br />WHEREAS. the City of. Coon R.apids expects to reimburse all or a portion of the projoct expenditl <br />proceeds of debt to be incurred by the City; and <br /> <br />WHEREAS, this declaration is made pursuant to Section 1.103-18 of the Income Tax Regulations 0: <br />RevemJe Service, <br /> <br />NOW TH~RB. BE IT RESOLVED BY mE CITY COVNCILOF COON RAPIDSj MINNE! <br /> <br />1. Su.ch proposed assessment. a eopy of wbich 1[1; attached hereto and made a part here <br />accepted and shall r;.onstitute the special assessment against tbl; land8' named therein, il <br />of land therein included is hereby found to be benefitted by the proposed improvement b <br />of 'the 3.Il!eSsment levied against it. . <br /> <br />z. Such assell.smoot shall be payable in equal annual'installments extending over a perio <br />begfDning the rust M oIlday in January, 2004 and shaH bear interest at the rate of 6. 75~ <br />from the date of the adoption of this assellsm.ent Resolution. <br /> <br />.3. The owner of any property 80 assessed may t at any tim~ prior to certification. of the <br />to the County Prop~rty Records and Taxation Division, pay the whol~ crt the MSessrr. <br />property> with interest a.ccrued to the date of payment, to the City Treasurer, except tlu <br />ihalI be charged iftbe entiJe assessment js paid within 30 days from the adoption of this <br />and the owner maYi- at any time thereafter" pay tb the City Trea-BUret the entire an <br />aBSeSomlent remaining-unpaid. Such p ayment must be l!1a.de before November 14 or int' <br />charged through December 31m the ne~t succeeding year. <br /> <br />4. The Clerk shaII for"Jiwith trat"Wilit a certified dup Hem of L"lli; aBsessu1er.Lt to the CaUl <br />R~ordBaD.d Taxation. Division to be extended on the proper tax lists of the Count <br />~ssments :;hall be collected and paid over in the same maoner as other municipal ta <br /> <br />ADOPrED BY TIlE COON RAPIDS CIlY COUNCIL THIS 7TH DAY OF OCTOBER, 2003. <br /> <br />TIm Howe, Mayor <br /> <br />Atrest; <br /> <br />49 <br /> <br />1.. <br /> <br />1.. ~1.. <br /> <br />~ ~1..~ <br />