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

Home

2) That such assessment shall be payable in annual installments extending over a period of three years, the first of the installments to be payable with the first tax rolls of 1993 and shall bear interest at the rate of 8.0 percent 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 until December 3 I, 1992. To each subsequent installment, when due, shall be added interest for one year on ail unpaid installments. 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. The owner 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 November 13, or interest will be charged through December 31 of the succeeding year. 4) That a certified duplicate of this assessment be n'ansmitted to the Anoka County Auditor's Office to be extended on the property tax lists of the County and such assessments shall be collected and paid in the same manner as other municipal taxes. The motion of the adoption of the foregoing resolution was duty 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 13th day of October, 1992. ATTEST: Mayor CiB, Administrator I I I I I I I I I I i I I I !