Resolution - #90-09-304 - 09/05/1990

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CotlncJlmc~,qbcr DcLuca introduced the following resolution and moved for its adoption: RESOLUTION #90-09-304 RESOLIJTi(~N ADOPTING ASSESSMENT (IMPROVEMENT PROJECT #90-10 BITUM1NOI(JS SURFACING OF BAUGH STREET N. W.) WBEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council ha:; met and heard and passed upon all objections to the proposed assessment for the following bit~,'~ fi~ous surfacing improvement: a) F,a~_~gh Street N.W. between 173rd Avenue N.W. and 169th Lane N.W. NOW 'FHEI,IEFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMS~,;¥o ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) 'l'l~al :.;~,:t~. proposed assessment, a copy of which is attached hereto and made a part hereof, is hcrci~y accel)ted and shall constitute the special assessment against the lands named th{n'cin. :~ncl each tract of land therein included is hereby found to be benefited by the propc, s,.:d ia the amount of the assessment levied against it. ~) Tl~a~ t-;t tci~ assessment shall be payable in equal annual installments extending over a period of tcr~ years, the first of the installments to be payable on or before the first Monday in Jammry, 1991 and shall bear interest at the rate of 8.8 per cent annum from the date of the adoi,tion of this assessment resolution. To the first installment shall be added interest on thc cmi~'c ~tsscssment from the date of this resolution until December 31, 1990. To each sul)~eclmmt installment when due shall be added interest for one year on all unpaid 3) Ti-,at ~h,', owner of any I)roperty so assessed may, at any time prior to certification of the as:;e:;sn~cn~: to the Anoka County Auditor, pay the whole of the assessment on such propet~ty, 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 adC~l~tkm of this resolution; and he may, at any time thereafter, pay to the City Finance Dc:t)am~c~-~t the entire amount of the assessment remaining unpaid, with interest accrued to l)c:ct:mt,(_;r 31 of the year in which such payment is made. Such payment must be made be i~'c. ()ct~_~ber 10, or interest will be charged through December 31 of the next succeeding ye;tr. 4) Thai ~, ¢:rz~i[fied duplicate of this assessment be transmitted to the Anoka County Auditor's ofti(>~- 1~, ~:: extended on the proper tax lists of the County, and such assessments shall be collecicd a~d paid over in the same manner as other municipal taxes. The motion ol: thc: adoption of the foregoing resolution was duly seconded by Councilmember Pearson arid t~1, m v(~te being taken thereon, the following in favor thereof: