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Councilmember <br /> <br />inu'oduced the following resolution and moved for its adoption: <br /> RESOLUTION #95-09-_ <br /> <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT tD5- <br />06 (SEALCOAT !AND CRACK FILL THE NORTH FORTY THIRD ADDITION) <br /> <br />WHEREAS, purs¢ant to proper notice duly given as required by law, the Ramsey City Council <br />has met and heard ~[nd passed upon all objections to the proposed assessment for the improvements <br />to The North Forty 13rd Addition. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That such proposed assessment, a copy of which is attached hereto and made a part hereof, <br /> is hereby a~cepted and shall constitute the special assessment against the lands named <br /> therein, 'and each tract of land therein included is hereby found to be benefited by the <br /> improvemeht in the amount of the assessment levied against it. <br /> <br />2) That such assessment shall be payable in annual installments extending over a period of <br /> three years~ the first of the installments to be payable with the first tax rolls of 1996 and <br /> shall bear iflterest at the rate of 10.75 percent annum from the date of the adoption of this <br /> assessmenti resolution. To the first installment shall be added interest on the entire <br /> assessment,froml the date of this resolution until December 31, 1996. To each subsequent <br /> installment!: when due, shall be added interest for one year on all unpaid installments. <br /> <br />3) That the owner of any property so assessed may, at any time prior to certification of the <br /> assessment~ to the Anoka County Auditor, pay the whole of the assessment on such <br /> property, v0ith interest accrued to the date of payment, to the City Finance Department, <br /> except that ho interest shall be charged if the entire assessment is paid within 30 days from <br /> the adoptiog of this resolution. The owner may, at any time thereafter, pay to the City <br /> Finance D~artment the entire amount of the assessment remaining unpaid, with interest <br /> accrued to December 31 of the year in which such payment is made. Such payment must <br /> be made b{fore November 1, or interest will be charged through December 31 of the <br /> succeeding iyear. <br /> <br />4) That a ce~" ~ed duplicate of this assessment, be transmitted to the Anoka County Auditor's <br /> Office to b~ exte. nded on the property tax lists of the County and such assessments shall be <br /> collected Md paad in the same manner as other municipal taxes. <br /> <br />The motion of the a~doption of the foregoing resolution was duly seconded by Councilmember <br /> and upon vote being taken thereon, the following in favor thereof.' <br />and the following ~oted against the same: <br />and the following a~r stained: <br />and the following Were absent: <br /> <br />whereupon said re~lution was declared duly passed and adopted by the Ramsey City Council this <br />the 26th day of Set itember, 1995. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />