Resolution - #05-09-329 - 09/27/2005

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(~otmci llncmbcr Cook introduced the following resolution and moved for its adoption: RESOLUTION #05-09-329 I{I,'.S()I.IJTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #05-06 (I;IrI'UM INOUS OVERLAY OF PELTZER, BEAUDRY 2Nr~, & SEC 22 UNPLATTED ) WI I I,;IIEAS, pursuant to proper notice duly given as required by law, the Rarnsey City has met and heard and passed upon all objections to the proposed assessment for the l~nlm~Vc~ncnt Project #05-06, which is Bituminous Overlay of Peltzer, Beaudry 2nd, 84 Sec 22 [ ~lll,lmtcct. :xOW 'I'II I~;I{I,;I¢ORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) 'l'hat such proposed assessment, a copy of which is attached hereto and made a part hcrcot; it hereby accepted and shall constitute the special assessment against the lands mm]cd therein, and each tract of land therein included is hereby found to be benefited by thc improvement in thc amount of the assessment levied against it. 2~ 'l'hat such assessment shall be payable in annual installments extending over a period of ten years, 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 ~tsscssmcnt 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 instal hnent, 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 a.~scssmcnt 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 Department, except 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 ~ccrucd to December 31 of the year in which such payment is made. Such payment must be made before November 4, or interest will be charged through December 31 of the ~uccccding year. 4) 'l'hat a certified duplicate of this assessment be transmitted to the Anoka County Auditor's Of'lice 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. 'l'hc motion of the adoption of the foregoing resolution was duly seconded by Councilmember ['cai'soil, aml upon vote being taken thereon, the following in favor thereof: Resolution #05-09-329 Page 1 of 2