Resolution - #90-09-297 - 09/05/1990

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Councihr~c~nbt;r I "eLuca introduced the following resolution and moved for its adoption: RESOLUTION #90-09-297 RES()LUT~ON ADOPTING ASSESSMENT (IMPROVEMENT PROJECT #89-15 SANITAI~Y SEWER, WATERMAIN, STORM SEWER AND STREETS FOR DOLOMfI'I?E ~;TREET N.W.) W}H~;R EAS, pursuant to proper notice duly given as required by law, the Ramsey City Council ha:4 n-~c~ and heard and passed upon all objections to the proposed assessment for the following scw{.L ,rater, storm sewer, m~d street surfacing improvement: a) l)olomite Street N.W. from Front Street N.W. south to its terminus NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) Thai :;w;h 9coposed assessment, a copy of which is attached hereto and made a part hereof, is hc~cl)y 'accepted and shall constitute the special assessment against the lands named th;:.rcm m,d each tract of land therein included is hereby found to be benefited by the prot-;o:-;cd in the amount of the assessment levied against it. 2) Thai .;~ ~,:h ;tssessment shall be payable in equal annual installments extending over a period of t{.:n ?,{:ars, the first of the installments to be payable on or before the first Monday in Jam~ary, 199t and shall bear interest at the rate of 8.8 per cent annum from the date of the adof~lion of this assessment resolution. To the first installment shall be added interest on thc t',nfi r{~, :~.ssessment from the date of this resolution until December 31, 1990. To each sub:sequc~t installment when due shall be added interest for one year on all unpaid in:;t;~llmcn~s. 3) Tim! ih<,. ~)wner of any property so assessed may, at any time prior to certification of the as'4c:;:4n~c~t to thc Anoka County Auditor, pay the whole of the assessment on such pr,.)pcrty, with interest accrued to the date of payment, to the City Finance Department, cxc:cpt lha~ no interest shall be charged if the entire assessment is paid within 30 days from thc ;~do!}tion of this resolution; and he may, at any time thereafter, pay to the City Finance Dcp:u'tmcr~t the entire amount of the assessment remaining unpaid, with interest accrued to Dccc~td)cr 3l of the year in which such payment is made. Such payment must be made be ~'r:~,'~. ('),:t()bcr I0, or interest will be charged through December 31 of the next succeeding ye;n 4) Tb at ;~. <:c;['t~ fled duplicate of this assessment be transmitted to the Anoka County Auditor's office t~ b,: extended on the proper tax lists of the County, and such assessments shall be coilcci.~'d a~d paid over in the same manner as other municipal taxes. The motion o~: thc. adoption of the foregoing resolution was duly seconded by Councilmember Pearson and tq)(m vote being taken thereon, the following in favor thereof.'