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CITY OF LAKEVILLE
RESOLUTION
Date December 6, 1993 Resolution No. 93-249
Motion by xarvey Seconded by Mulvihill
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 91-1
COUNTY ROAD 46 RECONSTRUCTION, IPAVA AVENUE TO
CEDAR AVENUE
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 Improvement Project 91-1.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
Lakeville, Minnesota:
1. Such proposed assessment No. 670 in the amount of
$ 238,351.28, a copy of which is attached hereto and made a part
hereof, is hereby .accepted and shall constitute the spec ial
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 6.6657
percent per annum from the date of the adoption of this
assessment resolution. 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 far one year on all
unpaid installments.
RESOLUTION, CONT.
PAGE TWO
3. The awner 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 AKEVILLE
BY:
Du ne Zaun, or
ATTEST:
Charlene Friedges, 'ty Clerk
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