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HomeMy WebLinkAbout90-109 « ,i, CITY OF LAKEVILLE .RESOLUTION Date September 17, 1990 Resolution No. 90-109 Motion by Sindt Seconded by Harvey RESOLUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT 90-2, PORTIONS OF DISTRICTS 2, 4, 5 AND 6, SEAL COATING 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 90-2. NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville, Minnesota: 1. Such proposed assessment No. 523 in the amount of $ 78,222.38, a copy of which is attached hereto and madea part hereof., is hereby accepted and shah constitute the special as essment against the lands named therein, and each tract of landtherein 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 2 years, the first of the install- ments shall bear interest on or before the first Monday in 7anuary, 1992, and shall bear interest at the. rate of 8.6000 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, 1991. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 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 October 17, 1990, or interest wi11 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 over in the same manner as other municipal taxes. ADOPTED by the. City: Council of the City of Lakeville, .Minnesota, 17th day of September, 1990. CITY OF KEVILLE BY: Duane Zaun, M r • ATTEST: Charlene Friedges, Ci y Clerk