HomeMy WebLinkAbout89-184 CITY OF LAKEVILLE
RESOLUTION
Date December 18, 1989 Resolution No. 89-184
Motion by Nelson Seconded by Sindt
RESOLUTION..ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 88-15,
199TH STREET W., M.-P.T.W. TRAIL AND UTILITY. IMPROVEMENTS
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 88-15.
• NOW, THEREFORE, BE IT RESOLVED. by .the .City Council of
Lakeville, Minnesota:
1. Such proposed assessment No. 499-in the amount of .$86,015.07, 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, a.nd 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, thefirst of the install-
ments shall bear interest on or before the first Monday in January,
1992, and .shall. bear interest at the rate of 8.6 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 far 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 January 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, 18th day of December, 19$9.
CITY OF LAKEVILLE
BY:
Du ne Zaun, M or
ATTEST:
Charlene Friedges, City Clerk
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