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CITY OF LAKEVILLE
.RESOLUTION
Date October 16, 1989 Resolution No. 89-].44
Motion by Harvey Seconded by Sndt
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 89-2,
.JUDICIAL ROAD STREET 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 89-2.
NOW, THEREFORE, BE IT RESOLVED by the: City Council of
Lakeville, Minnesota:
1. Such proposed assessment Vo. 487 in the amount of $151,299.06, 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`arznual
installments over a period. of 10 years, the first of the install-
ments shall bear interest on or before the first Monday in January,
1991., and shall bear interest at the rate of 8.6 percent per annum
from .the date of the adoption of thin assessment resolution. To the
first installment shall be -added interest on the entire assessment
from the date of this resolution until December 31, 19.90. To each
subsequent .installment. when due shall be added interest for one year
on a1T 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 cty..treasurer, except that no intere t shall be
.charged if the entire assessment is paid within 30 days from the
• adoption of this resolution; and he may, at- any time
i
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 November 16, 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 suehassessments 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, 16th day_of October.,. 1989.
CITY OF AKEVILLE
BY:
Duane Zaun, a or
• ATTEST:
Charlene Friedges, Ci Clerk