Resolution - #83-160 - 09/13/1983

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Councilmember Sorteberg introduced the following resolution and moved for its adoption: RESOLUTION #83-160 RESOLUTION ADOPTING ASSESSMENT (.#83-14 FLINTWOOD HILLS) WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and heard and passed upon all objections to the proposed assessment for the improvement of the follow- ing streets: a) 140th Lane N.W. between the line of Germanium Street N.W. and Fluorine Street N.W. b) 142nd Avenue N.W. between the west plat boundary of Flintwood Hills' and east to its end at the cul de sac c) Germanium Street N.W. between the line of County Road No. 116 (Industry Avenue N.W.) to 142nd Avenue N.W. d) Fluorine Street N.W. between 140th Lane N.W. north to its end at the cul de sac NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 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 pro- posed improvement in the amount of the assessment levied against it. 2) Such assessment shall be payable in equal annual install- ments extend±ng over a period of three years, the first of the install- ments to be payable on or before the first Monday in January, 1984 and shall bear interest at the rate of 10.50 per cent ~nnum 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, 1987. To each subsequent installment when due shall be added interesZ 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 the city treasurer 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 15 or interest will be charged through December 31 of the next succeeding year. Page 1 of 2