Resolution - #88-161 - 08/23/1988

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Councilmembor D~Luca introduced the following resolution and moved for its adoption: RESOLUTION #88-161 RESOLUTION ,ADOPTING ASSESSMENT (Improvement Project #87-20 - 167th Avenue N,W.) WHER~A$, pursuant to proper notice duly given as required by law, the Ramsey City Council has met ~md heard and passed upon all objections to the proposed assessment for the following street improvement: Avenue N.W. between Jaspar Street N.W. and Nowthen Blvd. N.W. (C.S.A.H. 5) NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY,,r ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That ~uch proposed assessment, a copy of which is attached hereto and made a part hereof, i,,; hereby accepted and shall constitute the special assessment against the lands named ~.hemin, and each tract of land therein included is hereby found to be benefited by the propos,~d in the amount of the assessment levied against it. 2) That such assessment shall be payable in equal annual installments extending over a period or i:en years, the first of the installments to be payable on or before the first Monday h~ January, 1989 and shall bear interest at the rate of 8.56 per cent annum from ttr~e d~te of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 1989. To each subsequent installment when due shall be added interest fo~ (~r'r~ ye~r on all unpaid installments. 3) That Ihe owner of any property so assessed may, at any time prior to certification of the assessrne~t to the Anoka County Auditor, pay the whole of the assessment on such property, v,,ith interest accrued to the date of payment, to the City Finance Department, except that no interest shall be charged if the entire assessment is paid within 30 days from ff~e adoption of this resolution; and he may, at any time thereafter, pay to the City Fir~ance D~.;partment the entire amount of the assessment remaining unpaid, with interest accru,,~d to December 31 of the year in which such payment is made. Such payment must be made before October 10, 1988, or interest will be charged through December 31 of th(; ne~d .,~.~cceeding year. 4) -f'r;~nsmit a certified duplicate of this assessment to the Anoka County Auditors office to be extended on the proper tax lists of the County, and such assessments shall be collected and p~id o,mr in the same manner as other municipal taxes. The molion (4 tl~; adoption of the foregoing resolution was duly seconded by Councilmember Bawden arid ;~po~ vote being taken thereon, the following in favor thereof: M~yol Fieil~]a~n Councilmember DeLuca Cour~cihnelnber Bawden Cour~cihnember Sorteberg Co!mc:ih nol nber Pearson