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Councilmember Beahen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #98-09-234 <br /> <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #98-12 <br />(BITUMINOUS OVERLAY MSA STREETS) <br /> <br />WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City Council <br />has met and heard and passed upon all objections to the proposed assessment for the <br />improvements to MSA streets. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That such proposed assessment, a copy of which is attached hereto and made a part <br />hereof, is hereby accepted and shall constitute the special assessment against the lands <br />named therein, and each tract of land therein included is hereby found to be benefited by <br />the improvement in the amount of the assessment levied against it. <br /> <br />2) <br /> <br />That such assessment shall be payable in annual installments extending over a period of <br />three years, the first of the installments to be payable with the first tax rolls of 1999 and <br />shall bear interest at the rate of 7.5 percent annum from the date of the adoption of this <br />assessment resolution. To the first installment shall be added interest on the entire <br />assessment from the date of this resolution until December 31, 1999. To each subsequent <br />installment, when due, shall be added interest for one year on all unpaid installments. <br /> <br />3) <br /> <br />That the owner of any property so assessed may, at any time prior to certification of the <br />assessment to the Anoka County Auditor, pay the whole of the assessment on such <br />property, with interest accrued to the date of payment, to the City Finance Department, <br />except that no interest shall be charged if the entire assessment is paid within 30 days <br />from the adoption of this resolution. The owner may, at any time thereailer, pay to the <br />City Finance Department the entire amount of the assessment remaining unpaid, with <br />interest accrued to December 31 of the year in which such payment is made. Such <br />payment must be made before November 13, or interest will be charged through <br />December 31 of the succeeding year. <br /> <br />4) <br /> <br />That a certified duplicate of this assessment be transmitted to the Anoka County Auditor's <br />Office to be extended on the property tax lists of the County and such assessments shall <br />be collected and paid in the same manner as other municipal taxes. <br /> <br /> <br />