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Councilmembe ~? }cLuca
<br />
<br />introduced the following resolution and moved
<br />
<br />RESOLUTION #88-
<br />
<br />RESOLUTION A[x)~'i![iMG ASSESSMENT (Improvement Project #88-5 - Bower's
<br />MississJ~p~ A~:~',~, Bower's Mississippi Acres 2nd Addition and Bower's
<br />Mississippi Aci~'~ ~rd Addition Street Sealcoating).
<br />
<br /> WHEREA~'~, '~n~?'r~uant to proper notice duly given as required by law,
<br />the Ramsey (~'i~y ~ouncil has met and heard and passed upon all
<br />objections t~ -,~hc proposed assessment for the following street seal
<br />coating Jm~;t~v~,~ent:
<br />
<br />a)
<br />
<br />}~:~,,.,~i~ 'r Drive N.W. between U.S. Hwy. 10 & 169 and the
<br />,_.~%~'~ (~]~ily terminus of the cul-de-sac (Puma Street).
<br />
<br />NOW T~iER~/f'()~.}i i:? i?' RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RAMSEY, ?,,l'.;(~Nf ('c~i q'iY, SI'AT2 OF MINNESOTA, as follows:
<br />
<br /> 3) ~J'}~;,{ :.~c:h i!~};oposed assessment, a copy of which is attached
<br />hereto a~ld m~i~ -~. -o,~rt hereof, is hereby accepted and shall constitute
<br />the specJa3 a~:~:~,,6ment against the lands named therein, and each tract
<br />of land th{:}ei..~ inciuded is hereby found to be benefited by the
<br />proposed J.}i ~t1,"~ ~mount ef tile assessment levied against it.
<br />
<br />2) T%at ';~.,~i~ assessment shall be payable in equal annual
<br />.stallmen%s ew~,~nding over a period of three years, the first of the
<br />installmen%.'s t,~ i.~e payable on or before the first Monday in January,
<br />1989 and shd[ll b~}aL~ interest at the rate of 8.5 per cent annum from
<br />the date o£ kilo ~doption of} this assessment resolution. To the first
<br />installment .~,~!.i be added interest on the entire assessment from the
<br />date of thi~,s ~-<,~'a)[ution until December 31, ].989. To each subsequent
<br />installment w_~~ ~ due sba] 1 be added interest for one year on all
<br />unpaid inr~ta t.
<br />
<br /> 3) q'ha,'. '~.~, owr~er of of any property so assessed may, at any
<br />time prior {.~> ('.,'~: '~'ifi. cation of the assessment to the Anoka County
<br />Auditor, pay 'ct~<, ~,:hc.!c, of the assessment on such property, with
<br />interest acc-~' ~(~ ~o "cbc date oi payment, to the City Finance
<br />Department, ~-.'~'. ~ zx~at F:o interest shall be charged if the entire
<br />assessment i.:; f~ .: w!thin 30 days from the adoption of this
<br />resolutions; :~.,~o ;~: mdy, at any time thereafter, pay to the City
<br />Finance Dep~":~r,~ t t)~e e}atire amount of the assessment remaining
<br />unpaid, wi. th iN! ~-~'est accrued to December 31 of the year in which such
<br />payment ir~ x~ ~{<. Such payment must be made before October 13, 1988 or
<br />interest wi] ii ! c charged through December 31 of the next succeeding
<br />year.
<br />
<br />Transmit a (.:~.~-kJ !~.ed ~]upl.-kcate of this assessment to the Anoka County
<br />Auditors 0£3 ~¢:~ ,. 5 bc~ extended on the proper tax lists of the County,
<br />and such as~e~.:~,~.~ l'cs ,shall be collected and paid over in the same
<br />manner as nt~e~' ~ ~ni< ida] taxes.
<br />
<br />
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