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Co~.mcil~,]ct~!¢,:'~c ~ )ich imrochiced the following resolution and moved for its adoption:
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<br />I~,ESOLUTION #89-09-237
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<br />II},'.S()II. tI~I~*~,i% AI)()PTING ASSESSMENT (IMPROVEMENT PROJECT #89-16-
<br />I~I'FIJM!5~()iJS ~,;}[JRFACIN(~, OF HEMATITE STREET N.W.)
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<br /> ';,~111,;1,~i~AS, pursuant to proper notice duly given as required by law, the Ramsey
<br />City ('.¢~u u<_:ii t,~:; tile[ arid heard and passed upon all objections to the proposed assessment for the
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<br />[~matite Street N.W. between 154th Lane N.W. and approxknately 300 feet north
<br />thc northern plat boundary of Beauch'y's 2nd Addition
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<br />NOW TIII~;R!,;I~{)I~I},;, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
<br />OF I{ A MS I,; ¥.~ /~NOKA COIJNTY, STATE OF MINNESOTA, as follows:
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<br /> i/ That such proposed assessment, a copy of which is attached hereto and
<br />matte a part i~,~','>,)i:,~ i s hereby accepted and shall constitute the special assessment against the lands
<br />n~tmed tt~e~ci~, a~(l each tract of land therein included is hereby found to be benefited by the
<br />prol)OSCd in Ih(: ~otint of the assessment levied against it.
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<br /> That such assessment shall be payable in variable annual installments
<br />extending. {>vt.'.~ a t,c~'iod of ten years, the first of the installments to be payable with the first half of
<br />the I)rt>De~'l?,, iaxc% fo~' 1990 and shall bear interest at the rate of 8.1 per cent annum from the date of
<br />the actoptio~ c)l' tt~i~ assessment resolution. To the first installment shall be added interest on the
<br />entire ass,z~',s,n,.:~t from the date of this resolution until December 31, 1989. To each subsequent
<br />inslallmc~t .^,1~,.'~ ~itte shall be added interest for one year on all unpaid installments.
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<br /> B) 'l'hat thc owner of any property so assessed may, at any time prior to
<br />certificaii.~)~ ~/ ti ~(: assessment to the Anoka County Auditor, pay the whole of the assessment on
<br />such prol)crty, witi~ integra:st accrued to the date of payment, to the City Finance Department, except
<br />that no iulcr~::-;t si'~all be charged if the entire assessment is paid within 30 days from the adoption of
<br />this rcsoluti<m; an(t tie may, at any time thereafter, pay to the City Finance Department the enth'e
<br />amount t)f iii,; ;::;:¢~.;ssmcnt remaining unpaid, with interest accrued to December 31 of the year in
<br />which suc:D I?;L',qt~,~t~t is made. Such payment must be made before October 10, 1989 or interest
<br />will t0c ch;!r?,( :(I tl~ot~gh December 31 of the next succeeding year.
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<br /> That the City transmit a certified duplicate of this assessment to the Anoka
<br />County A} al i~(>r":; ~,fficc to be extended on the proper tax lists of the County, and such assessments
<br />shall bt: colltxq c.rl ;t~(t paid over in the same manner as other municipal taxes.
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<br />The motion (,i' l}~t ~dot)tion of the foregoing resolution was duly seconded by Councilmember
<br />Pearson a~tl ttl)~)~ .,,t)tc being taken thereon, the following in favor thereof:
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<br />and the F(~llr>:?,,it-,?: voted a. gait~st the same:
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