Resolution - #90-09-299 - 09/05/1990

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Councilmemb~:r I)d,uca introduced the following resolution and moved for its adoption: RESOLUTION #90-09-299 RES()L}iJTI(~N ADOPTING ASSESSMENT (IMPROVEMENT PROJECT 890-03 RAMSEY TEt~RACE ADDITION) WI~ER iR & S, pursuant to proper notice duly given as required by law, the Ramsey City Council ha~; mci and heard and passed upon all objections to the proposed assessment for the following slr, x;i scalcoating improvement: a) t 4.!nd Avenue N.W. between the western plat boundary and the eastern plat t-x x md ary b) I d 0th Lane N.W. between Krypton Street N.W. and Iodine Street N.W. c) Krypton Street N.W. between 142nd Avenue N.W. and County Road #116 d) Itmkite Street N.W. between 140th Lane N.W. and 142nd Avenue N.W. e.) i, >di~e Street N.W. between 142nd Avenue N.W. and County Road #116 itu,kite Street N.W. between 142nd Avenue N.W. and the northern plat boundary NOW TIIERI~;FORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMM,?_Z~ ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) Thru :;u,.:h ~roposed assessment, a copy of which is attached hereto and made a part hereof, is hc~<;[~y accepted and shall constitute the special assessment against the lands named th~xdn,, a~td each tract of land therein included is hereby found to be benefited by the pre>posed i~ the amount of the assessment levied against it. 2) Thai st,x:h xsscssment shall be payable in equal annual installments extending over a period of thr~x~' ycars, the first of the installments to be payable on or before the first Monday in January, 1991 and shall bear interest at the rate of 8.5 per cent annum from the date of the adoptioq oi? this assessment resolution. To the first installment shall be added interest on ttx; c:r~ti~'~: ~ssessment from the date of this resolution until December 31, 1990. To each subsequc;ni installment when due shall be added interest for one year on all unpaid 3) Thai l tx:. awner of any property so assessed may, at any time prior to certification of the asse:.::,menl to the Anoka County Auditor, pay the whole of the assessment on such proixx'ly, with interest accrued to the date of payment, to the City Finance Department, except that no interest shall be charged if the entire assessment is paid within 30 days from thc a,t,}pticx~ of this resolution; and he may, at any time thereafter, pay to the City Finance I)cp~ ri meni the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made 1)efo~e (.~(;t(d)er 10, or interest will be charged through December 31 of the next succeeding yc~m 4) Th,~t a ,:~:,'ti lied duplicate of this assessment be transmitted to the Anoka County Auditor's office to he'. extended on the proper tax lists of the County, and such assessments shall be col lccl ud and paid over in the same manner as other municipal taxes.