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CITY OF LAKEVILLE
RESOLUTION
Date: 1 August, 1977 Resolution No., 77-49
Motion by Emond Seconded by 7."
RESPI.PTION,ADOPTINCIIASSESSMENTS
WHEREAS, the City of Lakeville has recognized and assumed the respon-
sibility for paymmt,:of'osessments'49W�Npo�istruction projects in the following
amounts as follows:
ProjegtkY Amount
f' r.
73-3 Ibeuia,Arve. =ton street, i $ 4,228.48
7343 Park; 3,199.50
73-!.-% 205th Street 6,670.42
73-4 45, 447.52
WHEREAS, the City of Lakeville has recognized and assumed the respon-
sibility for payment of interest`o�f eight (8%) percent from the date of the
original assessment of Octobei 1, 1974 to October 1, 1977 for construction pro-
jects in the amounts as follows:
Minnesota,
Project Amount
73-3 Iberia Ave., 9 ton street $ 1,097.53
73-3 Park 830.91
73-3 205th Street 1,732.31
73-4 Antlers Park 11,803.33
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville,
1. Such assessment in the amount of $75,010 shall be made against
parcel #22-44900-090-28.
2. Such assessment shall be payable in equal installments extend-
ing over a period of ten (10) years, the first of the install-
ments to be payable on or before the first Monday in January,
1979, and shall bear interest at the rate of eight (8%) percent
per annum from October 1, 1977.`•To''tho- first -installment
shall be added interest on the entire assessment from October 1,
1977 until December 31, 197. To each subsequent installment
when due shall be added interest for one year on all unpaid
installments.
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3. The Clerk shall forthwith transmit a certified duplicate of
this assessment to the County Auditor to be extended on the
proper tax lists of the County, and such assessments shall
be collected and paid over in the same manner as other muni-
cipal taxes.
ADOPTED THIS 1st day of August 1977.
Edward J. Mako, M por
ATTEST•
atrick E. McGarvey,City Cler