Resolution - #91-09-212 - 09/10/1991

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Councilmember Cich introduced the following resolution and moved for its adoption: RESOLUTION #91-09-212 RESOLUTION ADOPTING ASSESSMENT (IMPROVEMENT PROJECT g91.04 SEALCOATING REILLY ESTATES 1ST, 2ND & 3RD ADDITIONS). WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has met and heard and passed upon all objections to the proposed assessment for the following street sealcoating improvement: Juniper Ridge Drive N.W. between its cul-de-sac terminus and the Western Boundary of Reilly Estates Plat. b) Salish Street N.W. between Juniper Ridge Drive N.W. and it's cul-de-sac terminus c) 156th Lane N.W. between Juniper Ridge Drive N.W. and the Western Boundary of Reilly Estates 3rd Addition Plat. d) Yakima Street N.W. between Juniper Ridge Drive N.W. and the Southern Boundary of Reilly Estates 3rd Addition Plat. e) Waco Street N.W. between Juniper Ridge Drive N.W. and the Southern Boundary of Reilly Estates Plat. f) 157th Lane N.W. between it's cul-de-sac terminus and Yakima Street N.W. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: l) That such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed in the amount of the assessment levied against it. 2) That such assessment shall be payable in annual installments extending over a period of three years, the first of the installments to be payable with the first tax roles of 1992 and shall bear interest at the rate of 7.5 per cent annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 1991. To each subsequent installment when due shall be added interest for one year on all unpaid installments. That the owner of any property so assessed may, at any time prior to certification of the assessment to the Anoka County Auditor, pay the whole of the assessment on such property, 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 the adoption of this resolution; and they may, at any time thereafter, pay to the City Finance Department 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 before October 10, or interest will be charged through December 31 of the next succeeding year.