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• CITY OF LAKEVILLE
RESOLUTION
Date September 25, 1986 Resolution No. 86-108
Motion by Sindt Seconded by Harvey
RESOLUTION ADOPTING ASSESS'riENT
Ir1PROVEPZENT PROTECT 86-2
SEALCOATIIQGE VALLEY-PARK
WHEREAS, pursuant to proper notice duly given as required by
law, the council has met, heard and passed upon all.objectons to the
proposed assessment for improvement project 86-2, 'Valley Park.
i10W, THEREFORE, BE IT RESOLVE by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 313 in the amount of $ 86,151.11 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 o~_land tfierein included is
hereby found to be benefited li.y 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 2 years, the first of the
installments to be payable on or.before the first Monday in January,
1988, and shall bear interest at hte 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 fo-r one year
on all unpaid installments.
3. The owner of any property so assessed may, at any time prig-r to
certification of .the asses znent to the. county auditor, ply the wY~ole
of the assessment on such property, wtfi interest accrued to tle.._
date. of payment, to the city treasurer, except:_tFtat no inter-e5t
shall be.charged if the entire assessment is paid within 30. day
from the adoption of this resolutona•and he. may, at any time
thereafter,,pay to the city treasurer the entire amount o~ 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 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
25th day of September, 1986.
CITY OF LAKEVILLE
BY : -'~iy~..'~.~
Duane Zaun, or
ATTEST:
•
~
Patrick E. McGarvey, City Clerk
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