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A TTA CHMEN TS: <br />Resolution 89-09-238 <br />• <br />COI WC/ 'Men rlx , nil Melt introduced the following resolution and moved for its adoption: <br />RESOLUTION 1189-09-238 <br />RESOLUTION ADOPTING ASSESSMENT (IMPROVEMENT PROJECT #87-18 <br />AND 1188. 9 IMPROVEMENTS TO FRONT STREET N.W., TUNGSTEN <br />STREET 1,1. W,, AND SUNFISH LAKE BLVD. N.W.) <br />W UEREAS, pursuant to proper notice duly given as required by law, the Ramsey <br />City Council has 'net and beard and passed upon all objections to the proposed assessment for the <br />following rrrr )r )vt:l)]c,r]ts: <br />#) Tungsten Street N.W. between U.S. Highway #10 N.W. and Front Street <br />N. W. <br />l)l Front Street N.W. and 138th Avenue N.W. between Tungsten Street N.W. <br />and Feldspar Street N.W. <br />r:) <br />Sunfish Lake Blvd, N.W. between U.S. Highway #10 N.W. and Front <br />Street N,W. <br />rli Feldspar Street N.W. between 138th Avenue N.w,a nd U.S. Highway #10 <br />N.W. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF R A MH tad`'. , A NO KA COUNTY, STATE OF MINNESOTA, as follows. <br />That such proposed assessment, a copy of which is attached hereto and <br />made is part liercol, is hereby accepted and shall constitute the special assessment against the lands <br />named therein, and each tract of land therein included is hereby found to be benefited by the <br />proposed in t hr m' taro t of the assessment levied against it. <br />2) That such assessment shall be payable in variable annual installments <br />extending over a period of ten years, the first of the installments to be payable with the first half of <br />the property ltiws for 19901 and shall bear interest at the rate of 8.1 per cent annum from the date of <br />the adoption of this assessment resolution. To the first installment shall be added interest on the <br />entire €ts,ses: trrertt from the date of this resolution until December 31, 1989. To each subsequent <br />instal lines rt whi :n (hie shall be added interest for one year on ail unpaid installments, <br />3) That the owner of any property so assessed may, at any time prior to <br />certification ' f tltr; assessment to the Anoka County Auditor, pay the whole of the assessment on <br />such properly, w i l i t interest accrued to the date of payment, to the City Finance Department, except <br />that no intc:rosi shall be charged if the, entire assessment is paid within 30 days from the adoption of <br />this resolution; and he may, at any time thereafter, pay to the City Finance Department the entire <br />amount of'the assessment remaining unpaid, with interest accrued to December 31- of the year in <br />which such payment is nude. Such payment roust be made before October 10, 1989 or interest <br />will be charged through December 31 of the next succeeding year. <br />-I) That the City transmit a certified duplicate of this assessment to the Anoka <br />County Arid it oi's (dice to be extended on the proper tax lists of the County, and such assessments <br />shall be col le :t ed and paid over in the same manner as other municipal taxes, <br />