HomeMy WebLinkAbout86-110B i
CITY OF LAKEVILLE
RESOLUTION
Date September 25, 1986 Resolution No. 86-110B
Motion by Sindt Seconded by Enright
RESOLUTION ADOPTING ASSESSMENT
IMPROVEMENT PROJECT 85-10
INDRAWAY: 202ND - HIGHWAY 50 IMPROVEMENT
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 85-10 Indraway: 202nd -
Highway 50.
NOW, THEREFORE, BE IT RESOLVE by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 303 in the amount of $ 7,390.20 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 annual
installments extending over a period of 20 years, the first of the
installments to be payable on or bef ore the first Monday in January,
1988, and shall bear interest at the rate of 9.55 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, 1987. 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
• f rom the adoption of this resolution; and he may, at any time
thereaf ter, 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
bef ore October 15, or interest will be charged through December 31
of the succeeding year.
4. The clerk shall forthwith transmit a certif ied 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
25th day of September, 1986..
CITY OF LAKEVILLE
BY: ~ ~
D ane Zaun, or
ATTEST:
r
,t.
Patrick E. McGarv y, City Cle
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