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Councilmember <br />for its adoption: <br /> <br /> ? .~ i introduced the following resolution and moved <br />RESOLUTION 05-02 <br /> <br /> CITY mUUSE¥ <br /> ANoKA COUNTY, MINNESOTA <br /> <br />RESOLUTION ADOPTING :ASSESSMENTS FOR THE RAMSEY TOWN CENTER <br />ADDITION CITY AUAR ROADWAY IMPROVEMENTS. <br /> <br /> WHEREAS, pursuant to iproper nOtice duly given as required by law, the City Council <br />has Inet and heard and passed Upon all QbjeCtions to the proposed assessment for the AUAR <br />Roadway Improvements (the "ImProvement")~ <br /> <br />The hnprovement is fu~her identified in that certain Master Development <br />Agreement between the: City:of RamseY and Ramsey Town Center, LLC dated <br />September 17, :2003, a copy of whii:h is on file for public inspection at the City of <br /> <br />Ramsey Municipal Center, 15153 <br />during normal business hOUrS.: <br /> <br /> NOW, THEREFORE,, BE IT <br />RAMSEY, MINNESOTA: <br /> <br />N°wthen Boulevard NW, Ramsey, Minnesota <br /> <br />RESOLVED BY THE CITY COUNCIL OF <br /> <br /> 1. Such proposed assessment, a copY of which is attached hereto and made a part <br />hereof, is hereby accepted and shall constitute ithe special assessment against the lands named <br />therein, and each tract of land tkerein included is hereby found to be benefited by the proposed <br />improvement in the amount of the.assessment levied against it. <br /> <br /> 2. The special assessment Will~ be,payable in a single installment, but the City will <br />defer the obligation to pay the sp~ial~asseSsment until the earlier of (i) the date three years after <br />the date of this Resolution or (ii) the date the City approves a final plat replatting all or a portion <br />of the assessed lands. Clause (ii)~ iaf the Preoeding sentence does not apply to final plats the city <br />approved prior to the date of thiSl ReSolution and does not apply to the final plat of RAMSEY <br />TOWN CENTER 5TM ADDITION Which has received final plat approval from the City Council <br />but which is being modified and :Will be re~/pProved prior to being recorded. [Interest will accrue <br />on the unpaid balance of the deferred special assessment at the rate of 6.3% per ammm.] If <br />assessed lands are replatted, the special:assessment will be due only with respect to the tax parcel <br />or parcels that include all of a Portion of the assessed lands that are being replatted and the <br />special assessment will remain deferred for the~bhlance of the assessed lands. <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, payi the whole of the assessment on such property, with <br />interest accrued to the date of payment, to the City Finance Officer, except that no interest shall <br />be charged if the entire assessmeiit ispaidiwithin 30 days from the adoption of this resolution; <br />and owner may, at any time thereafter, pay to the City Finance Officer the entire amount of the <br />assessment remaining unpaid, with interest accrued to December 31 of the year in which such <br />payment is made. Such payment.must be made before November 15 or interest will be charged <br />through December 31 of the next SUcceeding year. <br /> <br /> <br />