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Cox introduced the following resolution and moved
<br />
<br />RESOLUTION #87-221
<br />
<br />RESOLUT"~.)f,~ /.DOPTING ASSESSMENT (#87-4 - 161st Avenue & Llama
<br />Street ~,.~', ~
<br />
<br /> W"~t~,REAS, pur.~uant to proper notice duly given as
<br />requ.ir~ i-~y ]g~w~ the Ramsey City Council has met and heard and
<br />passed ~,,,~ ;.~ ~] ] objections to the proposed assessment for the
<br />fo]]_owi~ff,~ ~,;ir,,,,,~t sealcoat~.~g improvement:
<br />
<br />Llama Street N.W. between 163rd Avenue N.W.
<br />16]st Avenue N.W.
<br />
<br />i:,) 161s t Avenue N.W. between Llama Street N.W.
<br />nnd Ar~istrong Blvd. N.W. (Anoka County #83 )
<br />
<br />NOW THEREb~(~PL, BE IT RESOLVED BY THE CITY COUNCIL OF TI~E CITY OF
<br />RAMSEY, ANO}~B- COUN~TY, STATE OF MINNESOTA, as follows:
<br />
<br /> i) 'i,'hat such proposed assessment, a copy of which is
<br />attach':(~ l~e, eto and made a part hereof, is hereby accepted and
<br />shall c~,u~ i utr~ the special assessment against the lands named
<br />tberei~s_~ :r~d ~ach tract of land therein included in hereby found
<br />to bc be~t:~ed by the proposed improvement in the amount of the
<br />a.~;sesss~,r,,q~ I~/ir.~d a,%aJnst
<br />
<br /> :~) r'hal such assessment shall be payable in equal
<br />annual i,~:~.~, .lments extending over a period of three years, the
<br />f.[rst ,~ I t,~ [~stallments to be payable on or before the first
<br />Monday i~ 5~nuary, 1988 and shall bear interest at the rate of
<br />8.60 pc,' ~,~4. aunum from the date of the adoption of this
<br />assess~.r~al ~ ~::~o~ution. To the first installment shall be added
<br />i. ntere.~;,~ ,~ the_ entitle assessment from the date of this
<br />reso].u~ i.~, ,~nt.il December 31, 1988. To each subsequent
<br />instal]m~i ~,.,t~(~.~ due shall be added interest for one year on all
<br />
<br /> ~',) '~,J.~ the owner of any property so assessed may, at
<br />any I~:i.~,~ i,, i.)r to certification of the assessment to the Anoka
<br />County /',~.:di~,,.'~ pay the whole of the assessment on such property,
<br />with [ni~;i ar':crued to the date of payment, to the City Finance
<br />Depart~,~,~ ~ ~ ~×c<~pt that no interest shall be charged if the
<br />entire ,'~s:-:~r~'r~eot is paid within 30 days from the adoption of
<br />this rex~,l~ ~ o~; and he may, at any time thereafter, pay to the
<br />C.ity li'J~,,~ Oepartmcnt the entire amount of the assessment
<br />rema~nJ~,g ;~,~a[d, with interest accrued to December 31 of the
<br />year ~, ,~.~hi~'.ii such payment is made. Such payment must be made
<br />before (Ic~ .:,i,~ _10~ ]_987, or interest will be charged through
<br />Decembc~r .!',ii ..,i ~he next succeeding year.
<br />
<br />Resolution #87-221
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<br />Page I of 2
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