Resolution - #05-09-327 - 09/27/2005

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Counci hncmbcr Cook introduced the following resolution and moved for its adoption: RESOLUTION #05-09-327 RESOI.UTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #05-04 (SEAl,COAT AND CRACKFILL FLINTWOOD HILLS) WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and beard and passed upon all objections to the proposed assessment for the hnprovement Project #05-04, which is Sealcoat and Crackfill of Flintwood Hills NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAM SEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: l) That such proposed assessment, a copy of which is attached hereto and made a part ber¢ot; 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 the improvement in the amount of the assessment levied against it. 2) ri'hat such assessment shall be payable in annual installments extending over a period of three years, the ilrst of the installments to be payable with the first tax rolls of 2006 and shall bear interest at the rate of 6.0 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. .3) That thc 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 Department, except that no interest shall be charged if the entire assessment is paid within 30 days fi'om the 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 be made before November 4, or interest will be charged through December 31 of the succeeding year. 4) That 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 asscssments shall be collected and paid in the same manner as other municipal taxes. The motion of' the adoption of the foregoing resolution was duly seconded by Councilmember Pearson, and upon vote being taken thereon, the following in favor thereof: Mayor Gamec Councilmcmber Elvig Resolution #05-09-327 Page 1 of 2