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HomeMy WebLinkAbout82-070 CITY OF LAKEVILLE RESOLUTION Date September 30, 1982 Resolution No. 82-70 Motion by Nelson Seconded by Zaun RESOLUTION ADOPTING ASSESSMENT WHEREAS, pursuant to proper notice duly given as required by law, the council has: met and heard. and passed upon all objections to the proposed assessment for Project 81-12, Kodiak Avenue and 172nd Street utility and street improvements. NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville, Minnesota: 1. Such proposed assessment No. 177, 178;& 179 in the amount of $473,226.29, 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. assessment shall be payable in equal annual install= ments extending over a period of 20 years., the first of the installments to be payable on or before the first Monday in January, 1984, and shall bear interest at the rate of 11.4342 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, 1983. 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 thereafter, pay to the city treasurer the entire amount of the as essment remaining unpaid, with. interest accrued to December 31 of the year in which. such. payment is made.. Such. payment must be made before November 15 or interest will be charged through. December 31 of the next 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 Iists 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 Gity of Lakeville, Minnesota, this 30th day of September 1982. CITY OF LAKEVILL& BY: Robert Jens , Mayor ATTEST : ~ _..i ~ Patrick E. Mc Garvey, City Clerk