Resolution - #09-09-225 - 09/22/2009

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Councilmember Elvig introduced the following resolution and moved for its adoption: RESOLUTION #09-09-225 RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #09-05 (SEALCOATING AND CRACKSEALING OF REILLY ESTATES) WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and heard and passed upon all objections to the proposed assessment for the Improvement Project #09-05, which is includes the cracksealing and seal coating of: Juniper Ridge 156th Lane from Dr. to Pt 200 ft w/o Yakima 5t 157th Lane from Yakima St. to CuI de sac Juniper Ridge Dr. from Roanoke St to Cui de sac n/o Yakima 5t Juniper Ridge Salish St. from Dr. to Cui de sac Juniper Ridge Waco St. from Dr. to Pt 200 ft 5/0 Juniper Ridge Dr Juniper Ridge Yakima St. from Dr. to Pt 200 ft 5/0 156th lane NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That such proposed assessment, a copy of which is attached hereto and made a part hereof, 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 improvement in the amount of the assessment levied against it. 2) That such assessment shall be payable in annual installments extending over a period of three years, the first of the installments to be payable with the first tax rolls of 2010 and shall bear interest at the rate of 5.44 percent annum from the date of the adoption of this assessment resolution. To the first installment interest shall be added on the entire assessment from the date of this resolution until December 31, 2010. To each subsequent installment, when due, interest shall be added for one year on all unpaid installments. 3) That the owner of any property so assessed may, at any time prior to certification of the assessment to the Anoka County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Finance Department, except that no interest shall be charged if the entire assessment is paid by November 6, 2009. If payment is not made on or before November 6, 2009 interest will be charged through December 31 of the succeeding year (December 31,2010). Resolution #09-09-225 Page 1 of2