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'1 <br /> <br />']i <br /> <br />-! <br /> <br />Mr. William Gccxirich <br />A~n9 ~ty A~ministrator <br />City of Ramsey <br />15~3 Ncwthen Boulevard, N.W. <br />Ramsey, Minnesota 55303 <br /> <br />RE: Improue~_nt Projects 85-2 and 84-12: <br /> File No: RAG:07-5 <br /> ~arcels: C,F',H and I <br /> <br />~ Mr. Gooctrich: -- <br /> <br />II, U55[ LL H <br /> <br />October 24, 1985 <br /> <br />~ & Truhn represents Ramsey Oenter Partnership, a Minnesota limited <br />partnership, ~9%ich is the fee owner of the above-cit~ parcels. Cn <br />September 17, 1985, the City of Ramsey adopted the assessmant roll for <br />the sewer and water improvements. The tofal asses~_nt arx~ instal~t <br />payable in 1986 for each parcel is as follc~s: <br /> <br />Paroel TOI-~ l <br /> <br />1986 Installment <br /> <br />C $111,632.19 $26,120.70 <br />F 73,679.25 17,240.13' <br />H 133,088.38 31,141.22 <br />I 8,561.85 2,003.38 <br /> <br /> $326,961.67 $76,505.43 <br /> <br />None of these four parcels' is presently platted or developed. My client is <br />not itself in the develotm~-nt business and With the exception of these <br />parcels and a small tract in which it holds a oontract vendor's interest, <br />owns no property. <br /> <br />Minn. Stat. §429.061 Subd. 2 permits cities to adopt resolutions deferring <br />the payment of an assess~_nt until a designated future time or until the <br />platting of property or the o0nstr~on of inputs on the property.. <br />On behalf of my client, I respectfu~'ly request that the City Oouncil adopt <br />a resolution deferring t~ paymant of the assessr~nts on these four parcels <br />until such tim~ as construct/on is c~.enced and to either forgiv~ interest <br />through December-. 31 of the year proceeding the y~ar in which the first <br />installn~nt is due, or permit interest to accrue. <br /> <br /> <br />