HomeMy WebLinkAbout93-251 CITY OF LAKEVILLE
RESOLUTION
Date December 6, 1993 Resolution No. 93-251
Motion by Mulvihill Seconded by Ruhmann
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 89-1
HIGHWAY RECONSTRUCTION ON CEDAR AVENUE,
160TH STREET WEST AND DODD BOULEVARD
WHEREAS, pursuant to proper notice duly given as required by
law, the council has met, heard and passed upon all objections
• to the proposed assessment for the Northwest segment of
Improvement Project 89-1.
NOW, THEREFORE, BE IT RESOLVED by the City.Council of
Lakeville, Minnesota:
1. Such proposed assessment No. 667 in the amount of
$66,651.89, a copy of which is attached hereto and made a part
hereof, is hereby accepted and shall constitute the special
assessment against the lands named therein, and each tract of
land therein included is hereby found to be benefited by the
proposed improvement in the amount of the assessment levied
against it.
2. Such assessments shall be considered payable in equal
annual installments over a period of 20 years, the first of the
installments shall bear interest on or before the first Monday
in January, ..1996, and shall bear interest at the rate of 7.8605
percent per annum from the date of the. adoption of this
assessment resalution. To the first installment shall be added
interest on the entire assessment from the date of this
resolution until December 31, 1995. To each subsequent
installment when due shall be added interest for one year on all
unpaid installments.
RESOLUTION, CONT.
PAGE TWO
3. The owner of any property so assessed may, at any time
prior to certification of the assessment to the county auditor,
pay the whole of the assessment on such property, with interest
accrued to the date of payment, to the city treasurer, except
that no interest shall be charged if the entire assessment is
paid within 30 days from the adoption of this resolution; and he
may, at any time thereafter, pay to the city treasurer the
entire amount of the assessment remaining unpaid, with interest
accrued to December 31 of the year in which such payment is
.made. Such payment must be made before December 31, 1994, or
interest will be charged through December 31 of the succeeding
year.
4. 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 aver in the same manner as other municipal
taxes.
ADOPTED by the City Council of the City of Lakeville,
Minnesota, 6th day of December, 1993.
• CITY OF KEVILLE
BY:
Dua a Zaun, Ma o
ATTEST:
Charlene Friedges, Ci y Clerk
•