Resolution - #80-141 - 10/15/1980

Home

interest at the rate of eight and one-half (8½) 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 resolwtion u~til December 31, 1990. To each subsequent installment when due shall be added interest for one year on all tunpaid 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 thirty (30) days from the adoption of this resolution; and he may, at any time thereafter, pay to the city treasurer the entire amount of the assessment remaining unpaid, with in- terest accrued to December 31, of the year in which such payment is made. Such payment must be made before November 14 or interest will be charged through December 31 of the next succeeding year. 4) The clerk shall forthwith transmit a certified duplicate of this assessment to the county auditor to be extended on the proper tax lists of the county, and such assessments shall be collected and paid over in the same manner as other mtuaicipal taxes. The motion for the adoption of the foregoing resolution was duly seconded by Councilman Sorteberg and upon vote being taken thereon, the following voted in favor thereof: Councilmen Sorteberg, Mickelson, Reimarna and Cox and -the following voted against the same: None whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 15th day of October, 1980.