HomeMy WebLinkAbout90-103 ,:a
CITY OF LAKEVILLE-
RESOLUTION
Date .September 4, 1990 Resolution. No . 90-103
Motion by Sndt Seconded by Mulvihill
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 87-14,
185TH STREET. .WEST - WATERMAIN, STORM. DRAINAGE & STREET IMPROVEMENTS
WHEREAS, pursuant to proper notice duly given as_rsquired by
law, the council has met, heard and passed upon. al l'objectionsto the
proposedassessment for Improvement Project 87-14.
• NOW, THEREFORE, BE IT RESOLVED by the City Council of
Lakeville, Minnesota:
1. Such proposed assessment No. 518 in the amount of $413,611,46, 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 leviedagainst it.
2. Such assessments shall be considered payable in equal annual
installments over. a period of 2O years, the first of the install-
ments shall bear. interest on or before the first Monday in January,
1992, and-shall bear interest at the rate of 8.6130 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
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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 5, 1990, 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
over in .the .same manner as other municipal taxes.
ADOPTED by the City Council of the City of Lakeville,
Minnesota, 4th day of September, 1990.
CITY OF AKEVILLE
BY:
Duane Zaun, May r
ATTEST:
~J~{'~-~`~.~`t~~ I'll" a~
J
Charlene Friedges, ity Clerk
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