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Counci]_ra,~t~,~ Cox introduced the following resolution and moved <br />for it,~ <br /> <br />RESOLUTION #87-209 <br /> <br />RESOLUTtlOI~ ADOPTING ASSESSMENT (#86-17 Utilities Flintwood Hills <br />3rd Addj ~ ;.~.~,) <br /> <br /> W[-.>,;~.:.~]AF;, pursuant to proper notice duly given as <br />required by law, the Ramsey City Council has met and heard and <br />passed ,~pc~n '!~'(1 objections to the proposed assessment for the <br />follow]~g ~-,~?',wements: <br /> <br />Extension of utilities, streets and storm sewer <br />for FlJntwood Hills 3rd Addition <br /> <br />NOW THER}:]?O~E~ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, Atl()RA qOUNTY~ STATE OF MINNESOTA, as follows: <br /> <br /> !') Thai such proposed assessment, a copy of which is <br />attach~,.d i~:z'~e, to and made a part hereof, is hereby accepted and <br />sh. all c(>~x~-;~ i :~,te the special assessment against the lands named <br />therein~ .~,',d ~ach tract of land therein included in hereby found <br />to be bem~.i-.ited by the proposed improvement in the amount of the <br />assesssn~n J,'~[ed against it. <br /> <br /> ) ~'hai: such assessment shall be payable in equal <br />annual ~r~t;~Llments extending over a period of five and ten <br />years, t'h(~ ~ i rst of the installments to be payable on or before <br />the fir.~t t4c,~,day in January, 1.988 and shall bear interest at the <br />rate of ~;~61; ~)er cent annum from the date of the adoption of this <br />assessm~t! ,~..~',olution. To the first installment shall be added <br />i. ntere.~-~ ,>~ the entire assessment from the date of this <br />resoJ, ut.i,~:~ ~.n.l:~l December 31, 1988. To each subsequent <br />installm~t when due shall be added interest for one year on all <br /> <br /> ~:) 'hal t:he owner of any property so assessed may, at <br />arty ti~ze prior to certification of the assessment to the Anoka <br />County A~,~i~ o,:, pay the whole of the assessment on such property, <br />with int:e:,cr;t accrued to the date of payment, to the City Finance <br />Depart:~.,,-r,t, excc, pt that no interest shall be charged if the <br />entire ;tst:;e~;~ment is paid within 30 days from the adoption of <br />tbis -~'ez:,)!~,i ~>n; and he may, at any time thereafter, pay to the <br />City l?)n~,t~:c Department the entire amount of the assessment <br />remaini~,g ~t!:,aid, with interest accrued to December 31 of the <br />year J.~, w~:~i,:i~, such payment is made. Such payment must be made <br />before Oc~ (,b ~: J. 0, 1987, or interest will be charged through <br />December' bJ ,-,i- Lhe next succeeding year. <br /> <br /> ~:,.) Thai the City Administrator shall forthwith <br />transm.,~ .t ,:~rtified duplicate of this assessment to the Anoka <br />County A'(,<iilo:s; office to be extended on the proper tax lists of <br /> Resolution #87-209 <br /> <br />Page 1 of 2 <br /> <br /> <br />