Resolution - #79-78 - 10/09/1979

Home

Councilman Mickelson and moved for its adoption: introduced the following resolution RESOLUTION 79-78 RESOLUTION ADOPTING ASSESSMENT WHEREAS, pursuant to proper notice duly given as required by law, the council has met and heard and passed upon all objections to the proposed assessment for the improvement of: 1) 157th Lane N.W. 2) 158th Avenue N.W. 3) 158th Lane N.W. 4) Kangaroo Street N.W. 5) Hedgehog Street N.W. 6) Ferret Street N.W. 7) Eland Street N.W. Ail of the above streets lie within the plat of Whispering Pines Estates Plat 3 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF RAMSEY, MINNESOTA: 1) Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included in hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. 2) Such assessment shall be payable in equal annual install- ments extending over a period of ten (10) years, the first of the in- stallments to be payable on or before the first Monday in January, 1980, and shall bear interest at the rate of eight (8) per cent annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 1989. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3) The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the city treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafter, pay to