Agenda - Council - 10/13/1992 - Laserfiche WebLink

Home

Councilmem~r introduced the following resolution and moved for its adoption: RESOLUTION #92-10-_ RESOLUTION 3,DOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #89- 18 (STREET II~IPROVEMENTS FOR WACO STREET N.W. BETWEEN 149TH AVENUE N~.W'i AND 150TH AVENUE N.W.) WHERE~S, pursuant to proper notice duly given as required by'law, the Ramsey City Council has r~et amd heard and passed upon all objections to the proposed assessment for the improvements to W., aco Street N.W. between 149th Avenue N.W. and 150th Avenue N.W. NOW THI~I~EFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAM$:E¥, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That.s ,uch p~roposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, an~t each tract of land therein included is hereby found to be benefited by the impr°,~ement in the amount of the assessment levied against it. 2) That such ~sessment shall be payable in annual installments extending over a period of ten years, ,ihe first of the installments to be payable with the first tax roils of 1993 and shall bear iilter~st at the rate of 8.0 percent annum from the date of the adoption of this assessmeni resolution. To the first installment shall be added interest on the entire assejsment[ from the date of this resolution until December 31, 1992. To each subsequent insta!!~ent~ when due, shall be added interest for one year on all unpaid installments. 3) That.t~he o ,wner of any property so assessed may, at any time prior to certification of the asseasmen$ to the Anoka County Auditor, pay the whole of the assessment on such property, ~,ith interest accrued to the date of payment, to the City Finance Department, excepts, that[no interest shall be charged if the entire assessment is paid within 30 days from the ~lCpti0n of this resolution. The owner may, at any time thereafter, pay to the City Finance Department the entire amount of the assessment remaining unpaid, with interest accrued toDecember 31 of the year in which such payment is made. Such payment must be maple b~fore November 13, or interest will be charged through December 31 of the succeedingl year. 4) That acerdfied duplicate of this assessment be transmitted to the Anoka County Auditor's Office~to b~ extended on the property tax lists of the County and such assessments shall be collect~ arid paid in the same manner as other municipal taxes. The motion o~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 ¥oted 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 13th day of October, 1992.