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Coune.ili~,E. mb~tc Cox introduced the following resolution and moved <br />for its ,'~d~,'~:~ ion: <br /> <br />RESOLUTION #87-224 <br /> <br />RESOL~IION ADOPTING ASSESSMENT (#87-8 Whispering Pines #2) <br /> <br /> U~IEREAS, pursuant to proper notice duly given as <br />r~_~quJr~:.,~;~ b';/ ~iaw~ the Ramsey City Council has met and heard and <br />passed v'~,<:~ all objections to the proposed assessment for the <br />followings., ~':i~ _~i sealcoati~g improvement: <br /> <br />a) Kangaroo Street N.W. between 151st Lane N.W. <br />and 153rd Lane N.W. <br /> <br />i:,) 151st I. ane N.W. between Kangaroo Street N.W. <br />,'.~asi to its end <br /> <br />c.,) Iguana Street N.W. between 151st Lane N.W. <br />so~th to the north plat boundary of Menkveld's <br />Pine Hills North <br /> <br />NOW TH~RI,;~i'(:It}~, BE IT RESOLVED BY THE CITY COUNCIL OF TIlE CITY OF <br />RAMSEY, ANO'~A COUNTY~ STATE OF MINNESOTA, as follows: <br /> <br /> I) i'hat such proposed assessment, a copy of which is <br />attacb,,d I~ ~,to and made a part hereof, is hereby accepted and <br />shall cr~,~::,, i ;ute the special assessment against the lands named <br />therein~ -~:~d (¢;tc]~ tract of land therein included in hereby found <br />to be b~¢n,:fi~d by the proposed improvement in the amount of the <br />assess;sm(~,~ 'lc-~[ed against ire <br /> <br /> ~ ~!hat such assessment shall be payable in equal <br />ar~nual i~: ::'ti ]m~:nts extending over a period of three years, the <br />first .~ lb(. installments to be payable on or before the first <br />Monday ~ ~'l;~uary, ]_988 and shall bear interest at the rate of <br />8~60 pe~. ~,~ ,~i: annum from the date of the adoption of this <br />assessm~i'~t~ ..'~ solution~ To the first installment shall be added <br />ir, tere,~. ~. the enti~:e assessment from the date of this <br />resolui. ~ ~ ~ntil December 31, 1988. To each subsequent <br />install,[(~,~.t w~en due shall, be added interest for one year on all <br />unpaid <br /> <br /> 15) 'bat the owner of any property so assessed may, at <br />any t:i~..~,, t ~ i or to certi fication of the assessment to the Anoka <br />County ~5~,(~i.~:~',,-, pay the whole: of the assessment on such property, <br />with ink, ~,s;t accrued to the date of payment, to the City Finance <br />Depaz'tm~ r~i , :-xcept th. at no interest shall be charged if the <br />entire ;~s.';~:~,mr, nt is paid within 30 days from the adoption of <br />this re~;~,l~ i ion; and he may, at any time thereafter, pay to the <br />City l.'Jc,~,~::~, !:~c;partment the entire amount of the assessment <br />remait, i ":5 ~t~>~.,i.d, with interest accrued to December 31 of the <br />year ir ~..~I,,.~ .t such payment is made. Such payment must be made <br />Resolution #87-224 <br /> <br />Page 1 of 2 <br /> <br /> <br />