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Counci. lme~i~ : C,~x introduced the following resolution and moved
<br />for its r~d(~]~ [ )n:
<br />
<br />RESOLUTION #87-225
<br />
<br />RESOLU'.['£O q 5DOPTING ASSESSMENT (f/87-9 Trott Brook Estates)
<br />
<br /> 't,~]-IE~(EAS, pursuant to proper notice duly given as
<br />requir~,i b>. ]aw~ the Ramsey City Council has met and heard and
<br />passed ,o~,t~, ~:,11 objections to the proposed assessment for the
<br />foll_owJ~q~, ~t:~,-~ sealcoati, ng improvement:
<br />
<br />~-,.) ].71st Lane N.W. between the west plat boundary
<br />(..[: Trott Brook Estates and Yttrium Street N.W.
<br />
<br />b) 172nd ],ane N.W. between the east plat boundary
<br /> of Trotl-~ Brook Estates and Yttrium Street N.W.
<br />
<br /> Yttrium Street N.W. between the south plat
<br />'b~undary of Trott Brook Estates and 172nd Lane
<br />
<br />NOW THERE'?OR~~, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RB2MSEY~ .ANOR. A COUN~T, STATE OF MINNESOTA, as follows:
<br />
<br /> i) qhat such proposed assessment, a copy of which is
<br />attach,~d l,(-,~.~to and made a part hereof, is hereby accepted and
<br />shall co~'~.; i u. te the special assessment against the lands named
<br />tbereln~, .,~,~" each tract of ].and therein included in hereby found
<br />to be ben.,~", i~ ~d by the proposed improvement in the amount of the
<br />assesssm~,~._i J~;'~Led against it.
<br />
<br /> ,(3 'hat such assessment shall be payable in equal
<br />annual ins~ '~ .Iments extending over a period of three years, the
<br />firs; ~' i:b~ installments to be payable on or before the first
<br />Monday i~ ,'i;.aua~"y, 1988 and shall bear interest at the rate of
<br />8.60 pe) ~,~.,i. a~num from the date of the adoption of this
<br />assessrn~-,~f .~ ~:~(,~]'..~tion~ To the first installment shall be added
<br />ir~tere;~',~ ), the entit e assessment from the date of this
<br />resolui ~ 4ntJ 1 December 31, 1988. To each subsequent
<br />install,~,!: ~,~en d, ue shall be added interest for one year on all
<br />unpaid .in~;i,'tl, i~,ents.
<br />
<br /> f:) ~'hat the owner of any property so assessed may, at
<br />any tjr, e i>~J,>r I~o certJ fication of the assessment to the Anoka
<br />County 4~dii,,~ pay the whole of the assessment on such property,
<br />with ~in[,.~,,:~i~ accrued to the date of payment, to the City Finance
<br />Departn, eni ~ ~×ct~pt that no interest shall be charged if the
<br />entire :~s:~.~ ~ment is paid within 30 days from the adoption of
<br />this re.~t~izt~ it, r,; and he may, at any time thereafter, pay to the
<br />City Fi,~,.~ Departmnnt the entire amount of the assessment
<br />remai~.g ~,9:~d, with interest accrued to December 31 of the
<br />year i~ ~.~h~: ~ ~;,~ch payment is made. Such payment must be made
<br />Resolution #87-225
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