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• <br />Councilmember Hendriksen introduced the following resolution and moved for its adoption: <br />#00 -09 -254 <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT # 99 -12 <br />(BITUMINOUS PAVING OF IQUANA STREET N.W. BETWEEN 153" AVENUE N.W. <br />TO 151 LANE N.W.) <br />WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City <br />Council has met and heard and passed upon all objections to the proposed assessment for the <br />Improvement Project #99 -12, which is the Bituminous Paving of Iguana Street N.W. between <br />153 Avenue N.W. to 151 Lane N.W. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) That such proposed assessment, a copy of which is attached hereto and made a part hereof, is <br />hereby accepted and shall constitute the special assessment against the lands named therein, <br />and each tract of land therein included is hereby found to be benefited by the improvement in <br />the amount of the assessment levied against it. <br />2) That such assessment shall be payable in annual installments extending over a period of ten <br />years, the first of the installments to be payable with the first tax rolls of 2001 and shall bear <br />interest at the rate of 8.5 percent annum from the date of the adoption of this assessment <br />resolution. To the first installment shall be added interest on the entire assessment from the <br />date of this resolution until December 31, 2001. To each subsequent installment, when due, <br />shall be added interest for one year on all unpaid installments. <br />3) That the owner of any property so assessed may, at any time prior to certification of the <br />assessment to the Anoka County Auditor, pay the whole of the assessment on such property, <br />with interest accrued to the date of payment, to the City Finance Department, except that no <br />interest shall be charged if the entire assessment is paid within 30 days from the adoption of <br />this resolution. The owner may, at any time thereafter, pay to the City Finance Department <br />the entire amount of the assessment remaining unpaid, with interest accrued to December 31 <br />of the year in which such payment is made. Such payment must be made before November <br />5, or interest will be charged through December 31 of the succeeding year. <br />4) That a certified duplicate of this assessment be transmitted to the Anoka County Auditor's <br />Office to be extended on the property tax lists of the County and such assessments shall be <br />collected and paid in the same manner as other municipal taxes. <br />The motion of the adoption of the foregoing resolution was duly seconded by Councilmember <br />Connolly, and upon vote being taken thereon, the following in favor thereof: <br />Mayor Gamec <br />Councilmember Hendriksen <br />