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RESOLUTION #80- <br /> <br />RESOLUTION ADOPTING ASSES~IENT <br /> WHEREAS, pursuant to proper notice d~_ly given as required by <br />law, the council has met mud he~rd mud passed upon all objections to the <br />proposed assessment for the improvement of the following streets: <br /> ~) 158th Lane N.W. lying between County Road #56 <br /> (Ramsey Blvd. N.W.) ~nd Dolomite Street N.W. <br /> b) 159th Avenue N.W. lying in the South Half of <br /> Section 15, Township 32, Range 25, lying East <br /> of County Road #56 (Ramsey Blvd. N.W.) <br /> <br /> c) 16Otb Lane N.W. lying between Ebony Street N.W. <br /> ~nd Dolomite Street N.W. <br /> <br /> d) Ebony Street N.W. lying between 159th Avenue N.W. <br /> snd 16Otb Lane N.W. <br /> <br /> e) Dolomite Street N.W. lying between 159th Avenue N.W. <br /> and 160th Lane N.W. <br /> All of the above streets are located in the: <br /> South Half of Section 15, Township 32, Range 25 <br /> Now~THEREFORE~ BE-IT RESOLVED BY THE CITY COUNCIL OF THE CITY~0F P~EY, <br /> ANOKA~OUNTY, STATE OF~IINNESGTA, as follows: <br /> l) Such.proposed assessment~ a ~opy of which is attached <br /> hereto and made-a part hereof, is hereby accepted and shall constitute the <br /> special assessment against the lands n~med therein, and each tract of land <br /> therein included in hereby found to be benefited by the proposed improve- <br /> ment in the amount of the assessment levied against it. <br /> 2) Such assessment shall be payable in equal annual install- <br /> ments extending over a period of ten years, the first of the installments <br /> to be payable on or before the first l~onday in January, 1981 and shall bear <br /> interest at the rate of eight and one-half (8½) per cent annum from the date <br /> of th& adoption of this assessment resolution. To the first installment <br /> shall be added interest on the entire assessment from the date of this <br /> resolution until December 31, 1990. To each subsequent installment when <br /> due shall be added interest for one year on all unpaid installments. <br /> 3) The owner of any property so assessed may, at any time <br /> prior to certification of the assessment to the county auditor, pay the <br /> whole of the assessment on such property, with interest accrued to the date <br /> of payment, to the city treasurer, except that no interest shall be charged <br /> if the entire assessment is paid within thirty (30) days from the adoption <br /> of this resolution; and he may, at any time thereafter, pay to the city <br /> <br /> <br />