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Councilmember ~ inu'oduced the following resolution and moved for its adoption: <br /> <br /> ~ RESOLUTION g95-09-._ <br /> <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT g95- <br />08 (SEALCOATI AND CRACK FILL SORTEBERG'S 6TH ADDITION) <br /> <br />WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council <br />has met and ,h_eard and passed upon all objections to the proposed assessment for the improvements <br />to Sorteberg s 6th Addition. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, /~NOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />2) <br /> <br />3) <br /> <br />That such groposed assessment, a copy of which is attached hereto and made a pan hereof, <br />is hereby accepted and shall constitute the special assessment against the lands named <br />therein, an~t each tract of land therein included is hereby found to be benefited by the <br />improvement in the amount of the assessment levied against it. <br /> <br />That such assessment shall be payable in annual installments extending over a period of <br />three years~ the fn'st of the installments to be payable with the first tax rolls of 1996 and <br />shall bear ~terest at the rate of 10.75 percent annum from the date of the adoption of this <br />assessmen~ resolution. To the fn'st installment shall be added interest on the entire <br />assessment!from 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 />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, ~ith interest accrued to the date of payment, to the City Finance Department, <br />except that!no interest shall be charged if the entire assessment is paid within 30 days from <br />the adoption of this resolution. The owner may, at any time thereafter, pay to the City <br />Finance Dgpartment the entire amount of the assessment remaining unpaid, with interest <br />accrued toDecember 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;year. <br /> <br />4) That a cert!fied duplicate of this assessment be transmitted to the Anoka County Auditor's <br /> Office to b~ extended on the property tax fists of the County and such assessments shall be <br /> collected arid paid in the same manner as other municipal taxes. <br /> <br />The motion of the idopfion of the foregoing resolution was duly seconded by Councilmember <br /> following favor thereof: <br /> an~ upon vote being taken thereon, the in <br />and the following Voted against the same: <br />and the following ~bstained: <br />and the following Were absent: <br /> <br />whereupon said reaolution was declared duly passed and adopted by the Ramsey City Council this <br />the 26th day of September, 1995. <br /> <br />ATTEST: Mayor <br /> <br />City Administratorl <br /> <br /> <br />