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Councilmeml ,~,~r ;mLuca
<br />for its
<br />
<br />introduced the following resolution and moved
<br />
<br />RESOLUTION #88-
<br />
<br />RESOLUTIOi~ Ai}(}!'I'IN(~ ASSESSMENT (Improvement Project #88-7 - Deerwood
<br />Street Sea,cea~, ing).
<br />
<br /> WHERNAS, t2~.rs~ant to proper notice duly given as required by law,
<br />the Ramsey C[[~y Council has met and heard and passed upon all
<br />objections to ~,.'~i-~e .i>roposed assessment for the following street seal
<br />coating irup~v, ~m-~n[:
<br />
<br />a)
<br />
<br />}7{~!~ !i,a~e N.W. between Gibbon St. N.W. and Dolphin Street
<br />
<br />b)
<br />
<br />\venue N.W~ between Gibbon St. N.W. and Dolphin St.
<br />
<br />c) El ~[ ~t. N.W. between 176th Lane N.W. and 177th Ave. N.W.
<br />
<br />d)
<br />
<br />N.W. beuween 173rd Ave. N.W. and the northerly
<br /> the cul-de-sac.
<br />
<br />NOW THENEPO~{~, ~J] IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RAMSEY, AN(>;</~ {~;i.J~,4[i?Y, STATE OF MINNESOTA, as follows:
<br />
<br /> 1) '£h~{~ ~,~:h proposed assessment, a copy of which is attached
<br />hereto and m.'~.,~,.~ :~. part hereof, is hereby accepted and shall constitute
<br />the special n~.~_~:~,.~ment against the lands named therein, and each tract
<br />of land ther-:i.~ in{:luded is hereby found to be benefited by the
<br />proposed in i}~_ ,. ame:.]nt of the assessment levied against it.
<br />
<br /> 2) TN~_ :z~,:h assessment shall be payable in equal annual
<br />installmenhr', ~.~', ~'~nding over a period of three years, the first of the
<br />installmenh~ ~, be payable on or before the first Monday in January,
<br />1989 and s~,~ ~ ~<~a~ interest at the rate of 8.5 per cent annum from
<br />the date o~~ ~ ~' adoption of this assessment resolution. To the first
<br />insta]lmen~ :~a .'~ be added interest on the entire assessment from the
<br />date of th}:~ ~'.~o]ution until_ December 31, 1989. To each subsequent
<br />installmen'~ w} ~ ~u~ shall be added interest for one year on all
<br />unpaid ins'~ 2 }n,~ ~ts.
<br />
<br /> 3) 'Pit~± 'i~<' owner of .'.~f any property so assessed may, at any
<br />time prior '[:{~ ~ rti~icatJon of the assessment to the Anoka County
<br />Auditor, pay ~1~,' whole of ~.he assessment on such property, with
<br />interest a~:~,.~i te the date of payment, to the City Finance
<br />Department, o>:<:~}t that no interest shall be charged if the entire
<br />assessment .i~ .o,'tid ',..,J. thir~ 30 days from the adoption of this
<br />resolution; ~}~0 i]e iua'%~, at any time thereafter, pay to the City
<br />Finance i)ep~'i'.~u~t [he entire amount of the assessment remaining
<br />unpaid, wJtt~ [,'~,~re:~t accrued to December 31 of the year in which such
<br />payment J.~-: m,_}:f:t. Such payment must be made before October 13, 1988 or
<br />interest will >~,_ ch~rged through December 31 of the next succeeding
<br />year.
<br />
<br />
<br />
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