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Counci l~,~.,~,b~ r Pearson introduced the following resolution and <br />moved f,~ i~,~ qdcI~i:[on: <br /> <br />RESOLUTION #87-208 <br /> <br />RESOLO'fi~)~ /.DOP..ING ASSESSMENT (#86-21 - 153rd from Rhinestone <br />to Rams .y l~ ~zd~) <br /> <br /> WHEREAS, pursuant to proper notice duly given as <br />requ~r~..'~ [.y ~w~ the Ramsey City Council has met and heard and <br />passed ,- o~u ~.'].1 objections to the proposed assessment for the <br />fo! lowi.~g i~,~j~:~ ov~,.ments: <br /> <br />]) ] 53rd Avenue N.W. between Rhinestone Street <br />[,~W~ to Ramsey Blvd. N.W. (County State Aid <br />~ i g hway ~J56) <br /> <br />NOW TRF,)~EF{qO., BE IT RESOLVED BY TIlE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOE. A COUNTY, STATE OF MINNESOTA, as follows: <br /> <br /> i) [hat such proposed assessment, a copy of which is <br />attach<~ i,~to and made a part hereof, is hereby accepted and <br />shall co~:~i'.j ~utt~ the special assessment against the lands named <br />therclir~ ,~d ~ach tract of land therein included in hereby found <br />to be b~f ~ed hy the proposed improvement in the amount of the <br />assesssr,~,t! ]c:';.e_d against it. <br /> <br /> v) fhat such assessment shall be payable in equal <br />annual it~:~ ~llments extending over a period of ten years, the <br />first oJ ~:h~ installments to be payable on or before the first <br />Monday it, 3~,~,ua~:y, 1988 and shall bear interest at the rate of <br />8.60 pc., ~ ~i.. annum from the date of the adoption of this <br />assess~:,~ ~ ~o].ution. To the first installment shall be added <br />j. ntere~': ~,~ the entire assessment from the date of this <br />resoJuti.,~,~ ,~ntil December 31, 1988. To each subsequent <br />install,,~',,t :.~iten due shall be added interest for one year on all <br />unpaid i ,-~i .-~ j f,,'~c:nts. <br /> <br /> :i) ~'hat the owner of any property so assessed may, at <br />any ti.~.~:, !>~ i,:~r to cert.i_fJ, cation of the assessment to the Anoka <br />County 4~..,;i~o~', pay the whole of the assessment on such property, <br />with in~.<:, c.,~'[ accrued to the date of payment, to the City Finance <br />Depart~,~,:t,t, ,~xcc-pt that no interest shall be charged if the <br />enti×c; a~':~c::smertt is paid within 30 days from the adoption of <br />this re:soi~.~i io~; and he may, at any time thereafter, pay to the <br />City ]?.,.~,z~t:':~: Department the entire amount of the assessment <br />remaini,~g ,~-~.oaid, with interest accrued to December 31 of the <br />year i.t, gl~i~:~ such payment is made. Such payment must be made <br />before Oc~ c~b ~r .'l. 0, 198-7, or interest will be charged through <br />December 5:i ~l ~ ~ ' the next succeeding year. <br /> <br />the City Administrator shal 1 forthwith <br />[ed duplicate of this assessment to the Anoka <br /> Resolution #87-208 <br /> <br />Page 1 of 2 <br /> <br /> <br />