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Counc~).~,~b.~,c Cox introduced the following resolution and moved
<br />for J ts ~l~l~ ;ou:
<br />
<br />RESOLUTION #87-231
<br />
<br />RESOLU11¢)I~ ~t[,OPTING ASSESSMENT (#87-15 - Rhinestone and 154th Lane
<br />N.W.)
<br />
<br /> ¥~Hf,'.~EAS, pursuant to proper notice duly given as
<br />rcquir~t(l i'~y law~ the Ramsey City Council has met and heard and
<br />passed -I,<~ a].l objections to the proposed assessment for the
<br />follow~ ~t°~~ sea!coatir~g improvement:
<br />
<br />:,) 154th Lane N.W. between Rhinestone Street N.W.
<br />~nd Ramsey BI. vd. NoW. (Anoka County #56)
<br />
<br />Rhinestone Street N.W. between 154th Lane N.W.
<br />1.53rd Lane N.W.
<br />
<br />NOW THER. EFOI<~:~ BP: IT RESOLVED BY THE CITY COUNCIL OF T~{E CITY OF
<br />RAMSEY, AN<~KA ?,OUNTY, STATE OF MINNESOTA, as follows:
<br />
<br /> ~) 'i'ha~ such proposed assessment, a copy of which is
<br />attach~ i~z~to and made a part hereof, is hereby accepted and
<br />shall co~'~ ute the special assessment against the lands named
<br />tberein~ ~,~-,d ,~_ach tract of ]and therein included in hereby found
<br />to be b~f~ ,~d by the proposed improvement in the amount of the
<br />assesssn,-,n'~. I~_,ied against
<br />
<br /> 2) 'hat such assessment shall be payable in equal
<br />annuall i~,.~;l ,;,~ !ments extending over a period of three years, the
<br />first of t b~ i~nstallmer~ts to be payable on or before the first
<br />Monday Jo ,~a.~uary, 1988 and shall bear interest at the rate of
<br />8.60 pe~, ,~;~ annum from the date of the adoption of this
<br />assessm-,..!~ ~sc, lut~on.,, To the first installment shall be added
<br />intere~;t ~- the. entize assessment from the date of this
<br />resolu!: i ,~, :.~ul: ;1 December 31, 1988. To each subsequent
<br />installm~.i w~;n due shall be added interest for one year on all
<br />unpaid in;.t~ii.!~ c:nt~'~,
<br />
<br /> ?) '~hat the owner of any property so assessed may, at
<br />any ti~,~, l,~'i ,'c ~ o certification of the assessment to the Anoka
<br />County' /,..dido:- ~, pay the whole of the assessment on such property,
<br />with int~,~,,~i.; accrued to the date of payment, to the City Finance
<br />Departm~ , ~×cept that~ no interest shall be charged if the
<br />entire: ;)~;;~,~:m~t is paid within 30 days from the adoption of
<br />this re.~,: ul icon; and he may, at any time thereafter, pay to the
<br />City Fi..,~., a Department the entire amount of the assessment
<br />remai~i~:~i ,~ ~aid, with interest accrued to December 31 of the
<br />year .in ~-~t~.i,~i~ .uch payment is made. Such payment must be made
<br />before~ (~i ~>i~ ~:' .10~ 1987, or interest will be charged through
<br />December Y.[ ,~ i:h~; next succeeding year.
<br />
<br />Resolution #87-231
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