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CouncJ ?me,,~b('~r Cox introduced the following resolution and moved
<br />for its owJ~'i).~ ~ Oil.;
<br />
<br />RESOLUTION #87-227
<br />
<br />RESOLUTe(IN AOiiPTING ASSESSMENT (#87-11 - South Half Hagen's Unplatted
<br />
<br /> t.,r~IEREAS, pursuant to proper notice duly given as
<br />requir~,~ 1~/ ~aw~ the Ramsey City Council has met and heard and
<br />passed ~o~, ~11 objections to the proposed assessment for the
<br />fol!owi)~g ~,~et sealcoatJng improvement:
<br />
<br />a) Driscoll Street N.W. between 176th Avenue N.W.
<br />and .[69th I,ane N.W.
<br />
<br />169th ),ane NoW. between Baugh Street N.W. west
<br />its end at the cul-de-sac
<br />
<br />c) 173rd Avenue N.W. between Baugh Street N.W.
<br />w~s~ to it:s end
<br />
<br />NOW TH~RF,~?ORi~, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RAMSEY, ANOKA COUNTY~ STATE OF MINNESOTA, as follows:
<br />
<br /> i) That such proposed assessment, a copy of which is
<br />atta. ch,~.d h~cto and made a part hereof, is hereby accepted and
<br />shall c,-)~ i.i ~ute the special assessment against the lands named
<br />tbereln~ .:~(; each tract of ].and therein included in hereby found
<br />to be b-~u~f i(ed by the proposed improvement in the amount of the
<br />assesssr,,:.~i Jr~.Je.d against ito
<br />
<br /> A) '?hat such assessment shall be payable in equal
<br />annual i,~.';~.'~ I. ments extendJ, ng over a period of three years, the
<br />fJ. rst t)t ~b~: {r 3tall~,ents to be payable ou or before the first
<br />Mond~,y i~ January, ].988 and shall bear interest at the rate of
<br />8,60 pe~. ~,~ annum from the date of the adoption of this
<br />assessm~::~ ~ , sol ution~ To the first installment shall be added
<br />intere~;t ,~,~ the entire assessment from the date of this
<br />resolui ,;.- ~ntJl December 31. 1988. To each subsequent
<br />ir~stall,,,~ w xcn due shai], be added interest for one year on all
<br />unpaid
<br />
<br />2,> [ hat the owner of any property so assessed may, at
<br />any t:~,~:. 'p ior to certification of the assessment to the Anoka
<br />County ~.~ci ~,~', pay the whole of the assessment on such property,
<br />with jnl:,-~,~:-,~ ..~ccrued to the date of payment, to the City Finance
<br />Departm~ ~, ;~_c~:~pt that no interest shall be charged if the
<br />entire ~,s,~;:>;me~,t is paid within 30 days from the adoption of
<br />this res,.~', t~or,; and he may, at any time thereafter, pay to the
<br />City Fin,~ .,(: l~,~;partment the entire amount of the assessment
<br />rema.ir~i~4 ~,.~,;:~i.d, with interest accrued to December 31 of the
<br />year ir: wh~.r' , :;ucl'~ payn'tent is made. Such payment must be made
<br />before~ (}~:~ '~i~ ~.+ ]0~ 1987, or interest will be charged through
<br />Resolution #87-227
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