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

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I ! I I I i I I I i ! I I I Councilmemb~r ! introduced the following resolution and moved for its adoption: RESOLUTION #92-10-_ RESOLUTION ~DOPTING ASSESSMENT FOR IMPROVEMENT PROJECT ~t92- 15 (SAN!!AgY SEWER, WATER MAIN LATERALS AND STREET CONSTRUCTION FOR PHASE ONE OF WOOD POND HILLS ADDITION) WHERE~S, pursuant to proper notice duly given as required by law, the Ramsey City Council has' r!act ~nd heard and passed upon all objections to the proposed assessment for the improvemer~t bf saiaitary sewer, water main laterals and street construction for Phase One of Wood Pond Hills Additi6,n. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMS~E~Y, ~NOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That',sach proposed assessment, a copy of which is attached hereto and made a pan hereof, is her~,by g3ccepted and shall constitute the special assessment against the lands named therein, an~ each tract of land therein included is hereby found to be benefited by the imprOvem~;nt in the amount of the assessment levied against it. 2) That such ~ssessment shall be payable in annual installments extending over a period of five y ,em's, [the tn'st of the installments to be payable with the first tax rolls of 1993 and shall bear:iVterSst at the rate of 8.0 percent annum from the date of the adoption of this assessmentt resolution. To the first installment shall be added interest on the entire aSseSsinen~ from the date of this resolution until December 31, 1992. To each subsequent installment, when due, shall be added interest for one year on ail unpaid installments. 3) That: the owner of any property so assessed may, at any time prior to certification of the aSsessrnen~t to the Anoka County Auditor, pay the whole of the assessment on such pro~Y, .~ith interest accrued to the date of payment, to the City Finance Department, excep~tha~ no interest shall be charged if the entire assessment is paid within 30 days from the ardOpfi¢n of this resolution. The owner may, at any time thereafter, pay to the City Finan~:e D~partment the entire amount of the assessment remaining unpaid, with interest acCrU ~. to[December 31 of the year in which such payment is made. Such payment must be made b~fore November 13, or interest will be charged through December 31 of the succeexling year. 4) Thai a certified duplicate of this assessment be transmitted to the Anoka County Auditor's Offi¢6 to be extended on the property tax lists of the County and such assessments shall be collected a~,d paid in the same manner as other municipal taxes. The motion of the ~,doption of the foregoing resolution was duly seconded by Councilmember i an~ upon vote being taken thereon, the following in favor thereof: and the folloWing and the following and the following ~oted against the same: ~bstained: Were absent: whereupon s~d re solution was declared duly passed and adopted by the Ramsey City Council this the I3th day Of O~',tober, 1992.