Agenda - Council - 09/27/2005 - Laserfiche WebLink

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COLmCi hncmbcr introduced the following resolution and moved for its adoption: RESOLUTION #05-09-XXX RESOI,UTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #05-08 (BITIJMINOUS OVERLAY SORTEBERG'S 4TM ADDITION, SORTEBERG'S 5TM ADDITION ) WItEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and heard and passed upon all objections to the proposed assessment for the improvcmcnt ?rojcct #05-08, which is Bituminous Overlay of Sorteberg's 4th Addition, Sortcbc~ g's 5th Addition. NOW TItEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSLY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: ~) '['hat such proposed assessment, a copy of which is attached hereto and made a part hcrcof, it hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by thc improvement in the amount of the assessment levied against it. ~) That such assessment shall be payable in annual installments extending over a period of ten ycars, the first of the installments to be payable with the first tax rolls of 2006 and shall bear interest at the rate of 6.5 percent annum from the date of the adoption of this assessment resolution. To the first installment interest shall be added on the entire assessment fi'om the date of this resolution until December 31, 2006. To each subsequent installment, when due, interest shall be added for one year on all unpaid installments. That the owner of any property so assessed may, at any time prior to certification of the assessment to the Anoka County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Finance Depal~Lment, cxccpt that no interest shall be charged if the entire assessment is paid within 30 days fi'om thc adoption of the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must bc made before November 4, or interest will be charged through December 31 of the succccding ycar. 4¸) ']'hat a certified duplicate of this assessment be transmitted to the Anoka County Auditor's Office to be extended on the property tax lists of the County and such assessments shall be collected and paid in the same manner as other municipal taxes. Thc motion of the adoption of the foregoing resolution was duly seconded by Councilmember , and upon vote being taken thereon, the following in favor thereof: Resolution #05-09-XXX Page 1 of 2