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<br />Mayor Gamec introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #07-09-250 <br /> <br />RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #07-03 <br />(SEALCOATING AND CRACKSEALING FOX RIDGE ESTATES 1ST & 2ND) <br /> <br />WHEREAS, pursuant to proper notice duly given as required by law, the Ramsey City <br />Council has met and heard and passed upon all objections to the proposed assessment for the <br />Improvement Project #07-03, which is includes the cracksealing and sealcoating of: <br /> <br />170th Ave. <br />172nd Lane <br />172nd Lane <br />172nd Lane <br />173rd Ave. <br />174th Ave. <br />174th Ave. <br />Potassium Ct. <br />Potassium St. <br />Quicksilver St. <br />Sodium St. <br />Tungsten St. <br />Wolfram St <br /> <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br />from <br /> <br />Potassium St. <br />Sodium St. <br />Wolfram St <br />T.H.47 <br />Quicksilver St. <br />Sodium St. <br />Sodium St. <br />Potassium St. <br />173rd Ave. <br />174th Ave. <br />174th Ave. <br />172nd Lane <br />170th Lane <br /> <br />to Wolfram St <br />to Wolfram St <br />to A point 350 ft west <br />to Potassium St. <br />to Sodium St. <br />to Quicksilver St. <br />to A point 200 ft west <br />to cui de sac <br />to 170th Lane <br />to 173rd Ave. <br />to cui de sac <br />to cui de sac <br />to 172nd Lane <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That such proposed assessment, a copy of which is attached hereto and made a part <br />hereof, it 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) 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 2008 and <br />shall bear interest at the rate of 6.8 percent annum from the date of the adoption of this <br />assessment resolution. To the first installment interest shall be added on the entire <br />assessment from the date of this resolution until December 31,2008. To each subsequent <br />installment, when due, interest shall be added for one year on all unpaid installments. <br /> <br />3) 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 by November 2, <br /> <br />Resolution #07-09-250 <br />Page 1 of2 <br />