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Councilmember <br /> <br />introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #95-09-_ <br /> <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT g95- <br />10 (BITUMINOUS OVERLAY COUNTRYSIDE ESTATES) <br /> <br />WHEREAS, pursu~ant to proper notice duly given as required by law, the Ramsey City Council <br />has met and heard aO, d passed upon all objections to the proposed assessment for the improvements <br />to Countryside Est,Stes. <br /> THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />NOW <br /> THE <br /> CITY <br />OF RAMSEY, /gNOKA~ COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That such pt. oposed 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 /> improvement in the amount of the assessment levied against it. <br /> <br />2) That such aisessment shall be payable in annual installments extending over a period of ten <br /> years, the ffgrst of the installments to be payable with the f'u'st tax rolls of 1996 and shall <br /> bear interest at the rate of 10.75 percent annum from the date of the adoption of this <br /> assessmentlresolution. To the first 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, rwhen 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 /> assessmentito the Anoka County Auditor, pay the whole of the assessment on such <br /> property, w/jth interest accrued to the date of payment, to the City Finance Department, <br /> except that l~o 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 Department 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 year. <br /> <br />4) That a certi~ed duplicate of this assessment be transmitted to the Anoka County Auditor's <br /> Office to b~ extended on the property tax lists of the County and such assessments shall be <br /> collected and paid in the same manner as other municipal taxes. <br /> <br />The motion of the _adoption of the foregoing resolution was duly seconded by Councilmember <br /> andJ upon vote being taken thereon, the following in favor thereof: <br />and the following v~bted against the same: <br />and the following abstained: <br />and the following Were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this <br />the 26th day of Sep~tember, 1995. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br />Ill <br /> <br /> <br />