Resolution - #93-10-224 - 10/12/1993

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I i I I I I I I I lO I I I I I I I I I Councilmemler Peterson~ introduced the following resolution and moved for its adoption: RESOLUTION #93-10-224 RESOLUT!0NiADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT g93- 10 (EXTENSION OF SANITARY SEWER, WATER AND STREET IMPROVEMENTS IN RIVER'S BEND THIRD ADDITION) WHE~IEAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has ~et ~nd heard and passed upon all objections to the ,p_roposed assessment for the extension of a~itary sewer, water and street improvcmcnts for River s Bend Third Addition. NOW TI-IEREF~ORE, BE IT RESOLVED BY TItE CITY COUNCIL OF THE CITY OF RAMS ~F_JY, ~ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That t~e proposed assessment: 25-32-2,~-34i0003 25-32-2~-43~0042 25-32-2~4~0033 Ramsey Center Prtnrshp Ramsey Center Prtnrshp Ramsey Center Prtnrshp 715 1/2 East Lake St. Mpls. $ 9,399 715 1/2 East Lake St. Mpls. $127,939 715 1/2 East Lake St. Mpls. $ 34,463 is hereby accepted and shall constitute the special assessment against the land named above, and ea4:h t~act of Iand therein included is hereby found to be benefited by the improvement in the amount of the assessment levied against it. 2) That sach assessment shall be payable in annual installments extending over a period of five years, the first of the installments to be payable with the first tax rolls of 1994 and shall bear i]lterCst at the rate of 8.0 percent annum from the date of the adoption of this assess~ aent resolution. To the first installment shall be added interest on the entire assesst ~ent from the date of this resolution until December 31, 1994. To each subsequent installt lent, when due, shall be added interest for one year on all unpaid installments. 3) That the owner of any property so assessed may, at any time prior to certification of the assessraent to the Anoka County Auditor, pay the whole of the assessment on such propen ?, with interest accrued to the date of payment, to the City Finance Department, except hat:no interest shall be charged if the entire assessment is paid within 30 days from the adc ~tion of this resolution. The owner may, at any time thereafter, pay to the City Financ~ D{partment the entire amount of the assessment remaining unpaid, with interest accrued to lSecember 31 of the year in which such payment is made. Such payment must be made before November 12, or interest will be charged through December 31 of the succeeding year. 4) That a Certified duplicate of this assessment be transmitted to the Anoka County Auditor's Office to be extended on the property tax lists of the County and such assessments shall be collected arid paid in the same manner as other municipal taxes. The motion 0t~ the. adoption of the foregoing resolution was duly seconded by Councilmember Beyer and upo~ vote being taken thereon, the following voted in favor thereof: Mayor Gilbertson Couneilmember Peterson Counei[member Beyer Coun¢itjnember Hardin Counciltnember Zimmerman