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Councilmember Cox introduced the following resolution and <br />moved for its adoption: <br /> <br />RESCLUTION A~OPTING ASSESSMENT (156th Avenue N.W. %85-8) <br /> <br /> WHEREAS, pursuant to proper notice duly given as <br />required by law, the Rawsey City Council has met and heard and <br />passed upon all objections to the proposed assessment for the <br />sealcoating improvement of the following streets: <br /> <br />1) 156th Avenue N.W. between Variolite Street <br />N.W. and Armstrong Blvd. N.W. (County Road %83) <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA GOUNTY, g~ATE OF MINNESOTA, as follows: <br /> <br /> 1) That such proposed assessment, a copy of which is <br />attached hereto and made a part hereof, is hereby accepted and <br />shall constitute the special assessment against the ands named <br />herein, and each tract of land therein included in hereby found <br />to be benefited by the proposed improvement in the amount of the <br />assessment levied against it. <br /> <br /> 2) That such assessment shall be payable in equal <br />annual installments extending over a period of three years, the <br />first of the installments to be payable on or before the first <br />Monday in January, 1986 and shall bear interest at the rate of <br />8.65 per cent annum from the date of the adoption of this <br />assessment resolution. To the first installment shall be added <br />interest on the entire assessment from the date of this <br />resolution until December 31, 1986. To each subsequent <br />installment when due shall be .added interest for one year on all <br />unpaid installments. <br /> <br /> 3) The owner of any property so assessed may, at any <br />time prior to certification of the assessment to the county <br />auditor, pay the whole of the assessment on such property, with <br />interest accrued to the date of payment, to the city treasurer, <br />except that no interest shall be charged if the entire assessment <br />is paid within 30 days from the adoption of this resolution; and <br />he may, at any time thereafter, pay to the city treasurer the entire <br />amount of the assessment remaining unpaid, with interest accrued <br />to December 31 of the year in which such payment is made. Such <br />payment must be made before November 14 or interest will be <br />charged through December 31 of the next succeeding year. <br /> <br /> 4) That the City Administrator/Clerk shall forthwith <br />transmit a certified duplicate of this assessment to the County <br />Auditor to be extended on the proper tax lists of the county, and <br />such asssessments shall be collected and paid over in the same <br />manner as other municipal taxes. <br /> <br />The motion for the adoption of the foregoing resolution was duly <br />seconded by Councilmember Sorteberg and upon vote being taken <br />thereon, the following voted in favor thereof: <br /> <br />Page I of 2 <br /> <br /> <br />