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<br />Councilmember Shryock introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #18-215 <br /> <br />RESOLUTION ADOPTING ASSESSMENT ROLL CERTIFYING ASSESSMENTS FOR <br />IMPROVEMENT PROJECT #18-03, 2018 STREET OVERLAY IMPROVEMENTS <br /> <br />WHEREAS, <br />pursuant to proper notice duly given as required by law, the Council met, <br />heard and passed upon all objections to the proposed assessments for completing bituminous <br />pavement overlay improvements to approximately 63,449 square yards of public streets within <br />The North Forty 2nd, The North Forty 3rd, Northfork Itasca Shores, Northfork, Northfork 2nd, <br />Northfork 3rd, Northfork Oaks, and Woodland Green residential neighborhoods, along with <br />miscellaneous appurtenant improvements. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) Such proposed assessment, a copy of which is attached and incorporated herein, is <br />hereby accepted and constitutes the special assessment against the listed properties. Each <br />listed property is hereby found to be benefited by the proposed improvement in the <br />amount of the assessment levied against it. <br /> <br />2) Such assessment shall be payable in equal annual installments extending over a period <br />of 10 years, and shall bear interest at the rate of 5.22 percent per annum from the date of <br />the adoption of this assessment resolution. To the first installment shall be added interest <br />on the entire assessment from the date of this assessment resolution until December 31, <br />2019. To each subsequent installment when due shall be added interest for 1 year on all <br />unpaid installments. <br /> <br />3) The owner of any property so assessed may, at any time prior to certification of <br />the assessment to the County Auditor, pay the whole of the assessment on such <br />property, with interest accrued to the date of payment, to the City Finance Office, except <br />that no interest shall be charged if the entire assessment is paid before November 16, <br />2018. Such payment must be made by November 16 or interest will be charged through <br />December 31 of the succeeding year. In subsequent years, the property owner may at <br />any time pay to the City the balance of the assessment remaining unpaid after the <br />current year, provided such payment is made before November 16. <br /> <br />4) The City Clerk shall transmit a certification of this assessment to the Anoka <br />County Auditor’s Office to be extended on the property tax lists of the County. Such <br />assessments shall be collected and paid in the same manner as other municipal taxes. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />