Resolution - #88-163 - 08/23/1988

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CouncilmemberP(~arson introduced the following resolution and moved for its adoption: RESOLUTION #88-163 RESOLUTION ADOPTING ASSESSMENT (improvement Project #87-24 - Oakridge Industrial P~;,rk Sewer and Water) WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and heard and passed upon all objections to the proposed assessment for the following sarlitary sewer and watermain improvement: a) !.~ta~al sanitary sewer and watermain located in the Oakridge Industrial Park NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY,, /~,NOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That such proposed assessment, a copy of which is attached hereto and made a part hereof, i,'; i~ereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by th~; p~oi,osr.~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 of ,._'eh years, the first of the installments to be payable on or before the first Monday in January, 1989 and shall bear interesl at the rate of 8.56 per cent annum from '.'.he 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~ om; ye;Ir on all unpaid installments. 3) That '~he owner of any property so assessed may, at any time prior to certification of the assessme~d to the Anoka County Auditor, pay the whole of the assessment on such properly, with interest accrued to the date of payment, to the City Finance Department, except thai no interest shall be charged if the entire assessment is paid within 30 days from Ih,.-; adoption of this resolution; and he may, at any time thereafter, pay to the City Fina;qce 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 t~efore October 10, 1988, or interest will be charged through December 31 of th~; r~,(;x~ :~ucceeding year. 4) Tr.~nsmit ~ certified duplicate of this assessment to the Anoka County Auditors office to be extend(:d on the proper tax lists of the County, and such assessments shall be collected and paid over i~ the same manner as other municipal taxes. The motion <d thr- adoption of the foregoing resolution was duly seconded by Councilmember DeLuca and ~]por~ vote being taken thereon, the following in favor thereof: M~tyo~ lleimann Counr;iln'~ember Pearson Courl(;ilmember DeLuca Coun,:;ilmember Sorteberg Coun(;ihr, ember Bawden