Resolution - #90-09-303 - 09/05/1990

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Cotmcilmc~ ,gbcr I)eLuca introduced the following resolution and moved for its adoption: RESOLUTION #90-09-303 RESOI,1JT~(:~N ADOPTING ASSESSMENT (IMPROVEMENT PROJECT #90-09 ItALES i)OVEi~: ADDITION) WIIE!!.kEAS, pursuant to proper notice duly given as required by law, the Ramsey City Council has ~r~ct and heard and passed upon all objections to the proposed assessment for the following si ~', '.~. ~verlay improvement: a) 15kllh Lane N.W. between Sodium Street N.W. and the eastern plat boundary b) 15:41h Avenue N.W. between Sodium Street N.W. and Radium Street N.W. c) 15'/th Lane N.W. between Nowthen Blvd. N.W. and the eastern plat boundary d) ~4a,,th~m Street N.W. between 157th Lane N.W. and 158th Avenue N.W. limn Street N.W. between 158th Avenue N.W. and the northern plat boundary f) (:r~i<le-.sac extending east from Radium Street N.W. to its terminus NOW TllEi{,q~II,'ORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMM~;'Y~ ANOKA COUNTY, STATE OF MINNESOTA, as follows: l) Tl'~ai ~;t~, :it .~)roposed assessment, a copy of which is attached hereto and made a part hereof, is hcx ct,y accepted and shall constitute the special assessment against the lands named thcrci~, :~-,d each tract of land therein included is hereby found to be benefited by the lm~po~cd i~,. the amount of the assessment levied against it. 2) Tha'i su,:h assessment shall be payable in equal annual installments extending over a period of thr,.x: ?:ars, the first of the installments to be payable on or before the first Monday in Jam~ac.y~ 1991 and shall bear interest at the rate of 8.5 per cent annum from the date of the adopti(m o ? this assessment resolution. To the first installment shall be added interest on thc ct, tire ~ssessment from the date of this resolution until December 31, 1990. To each sui)scquc, liil installment when due shall be added interest for one year on all unpaid 3) Thai Iht:: (r~vner of any property so assessed may, at any time prior to certification of the as:;e:;.,:~r~cn~ to the Anoka County Auditor, pay the whole of the assessment on such prop,~t'ly, with interest accrued to the date of payment, to the City Finance Department, exccpi that no interest shall be charged if the entire assessment is paid within 30 days from thc. ado[,tion of this resolution; and he may, at any time thereafter, pay to the City Finance Dcp~,rin }cn c the entire amount of the assessment remaining unpaid, with interest accrued to l)eccmb~:r .31 of the year in which such payment is made. Such payment must be made bef()rc (>(:tober 10, or interest will be charged through December 31 of the next succeeding year. 4) That a ,':~_',~ t.: fled duplicate of this assessment be transmitted to the Anoka County Auditor's offic,~ ~_; i~<, extended on the proper tax lists of the County, and such assessments shall be collccw~! at~d paid over in the same manner as other municipal taxes.