Resolution - #93-10-238 - 10/12/1993

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~ ' RESOLUTION #93-10-238 RESOLU~I~Nt ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT //93- 06 (CRA~ ~ILLING ~ND SEALCOATING IMPROVEMENT OF PINEVIEW ESTATES~T AND SECOND ADD'IONS) . WH~ ~S, p~su~t to proper notice duly. ~ven. as ~qui~d by law, the R~sey Ci~ Counml has ~et~and he~d and passed upon ~I objecaons to the propos~ assessment for the follow~g ~k ~g ~d s~coa~g ~provement: a) ~ ~eview Estates Fkst ~d Second Ad~fions NOW TH~E~ORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAM ~ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1 ~, ~vch.~ropo~ assessment, a copy of which is a~ch~ hereto ~d made a p~ hereof, is hereby ~ccepted~ and shill constitute ~e special assessment ag~nst the lands nam~ theroiO, aad each ~act of land there~ includ~ is hereby found to be benefited by the 2) That sOch?ssessment shall be payable in annual ins~lments exten~ng over a period of thr~e~., the F~st of the ins~lments to be payable with the first m rolls of 1994 ~d shfll~m ~terest at ~e rate of 8.0 percent annum from ~e date of the adoption of this assesS~e~ resolution. To the first ~stallment shall be added interest on the entire as~O~e~ from the date of this resolution until D~ember 31, 1994. To each subs~uent ins~nh when due, sh~ be add~ ~terest for one yem on fll unp~d ins~lments. 3) That ~ffie owner of ~y property so ~sess~ may, at ~y time prior to ceffification of ~e assesa~e~ to ~e Anoka County Auditor, the whole of the assessment on such pay prop~, Wi~ interest ~m~ to ~e ~te of pa~ent, to the City Fin~ce Dep~ment, exce~no interest sh~ be ch~g~ if ~e entke assessment is paid wi~ 30 days ~om the ~0pt~ i~n of this resolution. ~e owner may, at any time there~ter, pay to the City Fina~ ~~ent ~e entke mount of ~e assessment rem~ning unp~d, with interest acmM to3D~ember 31 of the ye~ in which such payment is made. Such payment must be ~ ~fore November 12, or interest will be ch~g~ t~ough December 31 of the 4) That a ~e~ duplicate of this assessment be mns~ m the ~oka County Auditor's Office ~ ~ extend~ on the ~ ~sm of ~e County ~d such assessments shill be pmpe~ coll~ ~ p~d ~ ~e sine m~ner as o~ m~icipfl ~es. [ The motion ff[~e ~Moption of the fo~go~g mmlufion was duly s~ond~ by Mayor Gilbenson and u~n vo~ ~ ~en ther~n, ~e following vot~ in favor ~er~fi Mayor ~ 3fl~son Coun~ mem~r Coun~ m~b~ Beyer Coun~ ~e~b~ Petermn