Agenda - Council - 09/05/1989 - Special

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Councilmember introduccd the following resolution and moved for its adoption: RESOLUTION #89-09- RESOLUTION ADOPTING ASSESSMENT (Improvement Project #87-18 & 88-09 Improvements to Front Street, Tungsten Street, Sunfish Lake Blvd. ). 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 following street sealcoating improvement: a) Tungsten St. N.W. between U.S. Hwy. #10 and Front St. N.W. b) Front St. and 138th Ave N.W. between Tungsten St. N.W. And Feldspar St. N.W. c) Sunfish Lake Blvd. N.W. between U.S. Hwy. #10 and Front St. N.W. d) Feldspar St. N.W. between 138th Ave. N.W. and U.S. Hwy. #10 NOW TItEREFORE, 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 cop)' 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 proposed in the amount of the assessment levied against it. 2) That such assessment shall be payable in equal annual installments extending over a period of ten years, the fkst of the installments to be payable with the first half of the property taxes for 1990 and shall bear interest at the rate of 8.1 per cent annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution tmtil December 31, 1989. To each subsequent installment when due shall be added interest 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 within 30 days from the adoption of this resolution; and he may, at any time thereafter, pay to the City Finance Department the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before October 15, or interest will be charged through December 31 of the next succeeding year. Transmit a certified duplicate of this assessment to the Anoka County Auditors office to be extended on the proper tax lists of the County, and such assessments shall be collected and paid over in the same manner as other municipal taxes. The motion of the adoption of the foregoing resolution was duly seconded by Councilmember and upon vote being taken thereon, the following in favor thereof: and the following voted against the same: and the following abstained: and the following were absent: whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 5th day of