Resolution - #88-168 - 09/13/1988

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Councilmember l)e[uca for itsa¢:~' 'i. J- ~'.~n~ introduced the following resolution and moved RESOLUTION ~88- RESOLUTION AO,.t)I'~IN(i ASSESSMENT (Improvement Project #88-6 - 157th Lane N.W. Street / ~a~coating) . WHEREAS, p:~rsuant to proper notice duly given as required by law, the Ramsey City council has met and heard and passed upon all objections %e [itc proposed assessment for the following street seal coating impc, n,~WLent: a) N.W. between Ramsey Blvd. N.W. (Co. Rd. 56) and terminus of the cul-de-sac. NOW THEREFOR~:}~ ~].~ 1T RESOLVED BY THE CI/Y COUNCIL OF THE CITY OF RAMSEY, ANeK.\ ~".{~UNTY, ST~FE OF HINNESOTA, as follows: 1) T}~.~'i:. :u,<:h proposed assessment, a copy of which is attached hereto and m,~de a part hereof, is hereby accepted and shall constitute the specia~ ~a.~:~ssment againsz the lands named therein, and each tract of land 'th,a~'~tJ~ .included is hereby found to be benefited by the proposed in ~.b(: amount of the assessmen% levied against it. 2) TJ}a~: s~,ch assessment shall be payable in equal annual lnstallmen, .... cxl ending over a period of three years, the first of the installment~ '~-o be payable on or before the first Monday in January, 1989 and st~a] i be. ar interest at the rate of 8.5 per cent annum from the date o~'~' tb~ adoption of this assessment resolution. To the first installment slh~;.]] be added interest on the entire assessment from the date of this~.~-e:'.::~lution until December ~,~ 1989. To each subsequent installment whet: clue shall be added interest for one year on all unpaid insta 1.1 ~r,.~:~ ~ts. 3 'J.'?,~t 'k~; owner of of any property so assessed may, at any time prior 1~0 cnctil[ication of zhe assessment to the Anoka County Auditor, pay '[:~t~ whe].e {}~ the assessr, enT on such property, with interest a¢c..-.t~.,~! tr.} the datte of payment, to the City Finance Department, ,-x.-:o~t that .no in%erest shall be charged if the entire assessment ~ '~.: d with:i;: 20 isys from :he adoption of this resolution; ar'~! ~'_ may, at any mime thereafter, pay to the City Finance DeNact.~ao.~t tine entire amoun% of the assessment remaining unpaid, witN i,li-~:r-est accrued {to December 3]_ of the year in which such payment is mad,~. Such paymenn must be made before October 13, 1988 or interest will i_ hn charged through December 31 of the next succeeding year. Transmit a c~r~:i: ied duplicate of this assessment to the Anoka County Auditors off-i...-~ ~ be ext. ended on the proper tax lists of the County, and such as.'~.s:;m~ nt.s shall be collected and paid over in the same manner as ohh ~' ~ic.{pal taxes.