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Cou~cJ.'!.i~,'~'i, er Cox introduced the following resolution and moved <br />for <br /> <br />RESOLUTION ~86-152 <br /> <br />ADOPTING ASSESSMENT (#86-8 - Riverwood Hills I) <br /> <br /> W}!EREAS, pursuant to proper notice duly given as <br />requ,~(~ by law, the Ramsey City Council has met and heard and <br />passed ~..po'~; all objections to the proposed assessment for the <br />sealco~,~ti~,. ~mprovement of the following streets: <br /> <br />l) Fluorine Street N.W. lying between 177th Lane <br />N~W. and 179th Lane N.W. (C.S.A.H. #7) <br /> <br />2) Erkium Street N.W. lying between 177th Avenue <br />N~Wo and 179th Lane N.W. (C.S.A.H. #7) <br /> <br />3) Cobalt Street N,W. lying between Argon Street <br />N~W~ and ]77th Avenue N.W. <br /> <br />z~) Argon Street N.W. lying in the Southwest <br />quarter of Section 1, Township 32, Range 25 lying <br />f{outh of 177th Avenue N.W. <br /> <br />5) 177th Lane N.W, lying between Fluorine Street <br />N~Wo and Erkium Street N.W. <br /> <br />6) 177th Avenue N.W. lying between Erkium Street <br />N,W, and Cobalt Street N.W. <br /> <br />7) 177th Avenue N.W. lying in the Southwest <br />Quarter of Section 1, Township 32, Range 25 lying <br />East of Cobalt Street N.W. <br /> <br />NOW T~';D,~:]?ORE, BE IT RESOLVED BY THE CITY COUNCIL, CITY OF <br />RAMS~f~ A~OKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br /> ]) S~.ch proposed assessment, a copy of which is <br />atta(b, ed hereto and made a part hereof, is hereby accepted and <br />shall (~,~.;~ j. tute the special assessment against the lands named <br />therei~.~ z~ic] each tract of land therein included in hereby found <br />to be ~,.~cfited by the proposed improvement in the amount of the <br />asses~;~,~e~ J.~.~vied against it. <br /> <br /> ~) .~;~.tch assessment shall be payable in equal annual <br />inst;~]_i!.~,,~.ts, extending over a period of three years, the first of <br />the in::~iii!~n~r~ts to be payable on or before the first Monday in <br />Janu.~'~;y ~, ;.988~ and shall, bear interest at the rate of 8.80 per <br />cet~t ;~r,~;,~t~, from the date of the adoption of this assessment <br />resol~:li~-~ To the first installment shall be added interest on <br />the ~,~'i_~.-~., assessment; from the date of this resolution until <br />Decemb,~,,. 3.i , 1986. To each subsequent installment when due shall <br />Resolution #86-152 <br /> <br />Page 1 of 2 <br /> <br /> <br />