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moved for its adoptiorJ:
<br />
<br />introduced the following res,:,lutiorJ ann
<br />
<br />RESOLUTION #87-_
<br />
<br />RESOLUTION ADOPTING ASSESSMENT (#87-7 - 158th Lane and Kamacite
<br />Street N.W.)
<br />
<br />WHEREAS, pursuant to, pr,_-,per not ice duly given as
<br />required by law, the Ramsey City Cc, uncil has met and heard and
<br />passed upc, r, all ,:,bjections to, the proposed assessment for the
<br />following street sealcoating i~provement:
<br />
<br />a) 159th Large
<br />west tc, its end
<br />
<br />N.W. between Kamacite Street N.W.
<br />
<br />b) 158th Large N.W. between Kamacite Street N.W.
<br />and Rar~sey Blvd. N.W. (Anc, ka County Road ~56)
<br />
<br />c) Kamacite Street
<br /> and 159th Lane N.W.
<br />
<br />N.W. betweer, 158th Lane N.W.
<br />
<br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows:
<br />
<br /> 1) That such proposed assessr,~ent, acc, py of which is
<br />attached hereto and made a part hereof, is hereby accepted and
<br />shall cor, stitute the special assess~,~ent against the lands named
<br />therein, and each tract of land therein included in hereby found
<br />to be benefited by the proposed improvement in the amount of the
<br />assesssment levied against it.
<br />
<br /> 2) That such assessment shall be payable in equal
<br />annual installments extending over a peric, d of three years, the
<br />first of the ir, stall~,~ents to be payable on or before the first
<br />Monday in January, 1988 and shall bear interest at the rate of
<br />8.6~ per cent annum frnm the date of the adoption c,f this
<br />assessment resolutior~. To the first installment shall be added
<br />interest or~ the entire assessment from the date of this
<br />resol ut i,],r~ unt i i December 31, 1988. Tn each subsequent
<br />instal l~,~er, t when due shall be added interest for one year on all
<br />unpaid ir~stall~,~ents.
<br />
<br /> S) That the c, wner of any property sc, assessed may, at
<br />any time prior to certification of the assess~ent to the Ar, oka
<br />County Auditnr~ pay the whole of the assessmer~t nn such property,
<br />with interest accrued to the date of payment, to the City Finance
<br />Department, except that r~o interest shall be charged if the
<br />er, tire assessment is paid within S0 days from the adoptinn nf
<br />this resc, lution; and he may, at any time thereafter, pay to the
<br />City Finance Department the entire amount of the assessment
<br />remaining unpaid, with interest accrued to December 31 of the
<br />year in which such paymer, t is made. Suoh payment must be made
<br /> Resolution #87- .
<br />
<br />
<br />
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