Resolution - #93-10-240 - 10/12/1993

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I I$ I I I I I I I I$ I I I I I I I I CouneilmemSer Hardin introduced the following resolution and moved for its adoption: RESOLUTION #93-10-240 RESOLU~!~D~ADoPTING ASSESSMENT FOR IMPROVEMENT PROJECT ~3- os ING IMPROVEMENT OF AVENUE NW BETWEV, N ARMSTRO~G:iBLVD AND VARIOLITE STREET NW) WH~EA$, pursuant to proper notice duly given as required by law, the Ramsey City Council haS: ./~let~nd heard and passed upon all objections to the proposed assessment for the following o,~la r~y~ng improvement: f a) I 16!st Avenue NW between Armstrong Blvd and Variolite Street NW NOW THi~E,~. RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAM$i~,~ iANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That~stlch Proposed assessment, a copy of which is attached hereto and made a part hereof, ~s hereby i~ccepted and shall constitute the special assessment against the lands named therett i, atjd each tract of land therein included is hereby found to be benefited by the impro~ !em~nt in the amount of the assessment levied against it. 2) That s~lch $SSessment shall be payable in annual installments extending over a period of ten years,~ the first of the installments to be payable with the first tax rolls of 1994 and shall bear ~! ~ter~st at the rate of 8.0 percent annum from the date of the adoption of this asse~i ae~ resolution. To the first installment shall be added interest on the entire assess~ .~ent from the date of this resolution until December 31, 1994. To each subsequent instali~ ~en~ when due, shall be added interest for one year on all unpaid installments. 3) That rise osVner of any property so assessed may, at any time prior to certification of the assesS~eni to the Anoka County Auditor, pay the whole of the assessment on such proport r, ~(ith interest accrued to the date of payment, to the City Finance Department, excel'"' t hat/~o interest shall be charged if the entire assessment is paid within 30 days from the mid ~tisn of this resolution. The owner may, at any time thereafter, pay to the City Finan~ I~partment the entire amount of the assessment remaining unpaid, with interest accmi~ to~ecember 31 of the year in which such payment is made. Such payment must be ~ '~ ~fOre November 12, or interest will be charged through December 31 of the succe~jng~year. 4) That a ~er ~. ~ed duplicate of this assessment be transmitted to the Anoka County Auditor's Offica ~ ~ extended on the property tax lists of the County and such assessments shall be colleei~ ~ paid in the same manner as other municipal taxes. The motion of~e~doption of the foregoing resolution was duly seconded by Mayor Gilbertson and upon vot~ ~ein~ taken thereon, the following voted in favor thereof: Coun'. ~ff~;n. ~ber Hardin Count.her Beyer Court .m~n. e~ber Peterson Coundl~ tuber Zimmerman