Resolution - #93-10-232 - 10/12/1993

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I I I I I I I I I I I I I I ! Councilmemb r Zt, mmerman introduced the following resolution and moved for its adoption: RESOLUTION g93-10-232 RESOLUT!I ~N iADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT /192- 21 (BITU1V[ N0IJS PAVING OF A FRONTAGE STREET FOR RAMSEY BLVD FROM 14~! H ~VENUE N.W. FOR A DISTANCE OF 360 FEET) WHE~. lEAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has .~et ~tnd heard and passed upon all objections to the proposed assessment for the Bituminous pSviffg of a frontage street for ramsey blvd from 149th avenue n.w. for a distance of 360 feet. NOW TItl~.,t~E[~RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSE~, ~.NOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That ~e proposed assessment: 25-32-2~, -33 ~-~017 J&R Pizza/Dominos 803B 15500 WayT~m Blvd $4,373.00 [ ~ Wayzata, MN 55331 25-32-21[-3340016 Tom Thumb/ 110 - 17th Street East $4.373.00 Polka Dot Dairy Hastings, MN 55033 2) 3) 4) andiS he~'ei~ I[ a~Cepted and shall constitute the special assessment against the land named above, . ~act of land therein included is hereby found to be benefited by the improvement in the.~ moOnt of the assessment levied against it. That si ch ~sessment shall be payable in annual installments extending over a period of ten yearsi he first of the installments to be payable with the first tax rolls of 1994 and shall bear a ter~st at the rate of 8.0 percent annum from the date of the adoption of this asses~l aen! resolution. To the first installment shall be added interest on the entire asses~l aen~ from the date of this resolution until December 31, 1994. To each subsequent installi ~en~ when due, shall be added interest for one year on all unpaid installments. That fle owner of any property so assessed may, at any time prior to certification of the assess~ ae~ to the Anoka County Auditor, pay the whole of the assessment on such prop~ y,,~ith 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 ad~ >fi~n of this resolution. The owner may, at any time thereafter, pay to the City Finaae D{partment the entire amount of the assessment remaining unpaid, with interest accrue to"~ecember 31 of the year in which such payment is made. Such payment must be ma e b~fore November 12, or interest will be charged through December 31 of the succe~ tin~iyear. That a ~erlffied duplicate of this assessment be transmitted to the Anoka County Auditor's Office ~o I~ extended on the property tax lists of the County and such assessments shall be colleet~ aad paid in the same manner as other municipal taxes.