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HomeMy WebLinkAbout81-023 ` , czTY or LAKEVILLE RESOLUTION Date Mav 18,.1981 <Resolution No. 81-23 Motion by Zaun Seconded by Nelson RESOLUTION ADOPTING ASSESSMENT t~FiEREAS, pursuant to proper notice. duly given aS recxuired` by law, the council`ihas`met and heard and passed upon all objections ~o the proposed assessment for'Imcrrovement Praject (80.4) Oak Curve. NOW, THEREFORE, BE IT E~ESDLVED by the City Council of Lakeville, Minnesotan 1. .Such proposed assessment, 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 menu extendincj over a period of 20 years, 'the first of the installments to be bayable on or before the first Monday in January, 1983, and shall bear interest at the rate of 8.9 a~ercent r~er 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, 2001. To each subsequent install- went when due shall be added interest £or one year on all'unx~aid installments. 3. The owner of any 'property so assessed .may, atany time prior to certification of the assessment to the county audit®r, pay the whole of he assessment on .such property, with interest aecrued to the date. of payment, to the city treasurer, except tYaat 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, ~av to the city treasv.rer the exatire amount of the assessment remaining umpaid with interest accrued to December 31 of the year. in which such!,payment'is made.` -1- Such payment must be made before November l5 ,or interest ~,?i11 be_charged .through. December 31 of the next `succeeding year. 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the cau.nty auditor to be extended on the;pro!~?er 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 Zakevlle City Council ths.l8th day of May, 1981. CITY' OF" VILLE BY : ~~•1~/!'1/ Du ne Zaun, A t' g Mayor ATTEST: ,T .r-, , . r "Pa rick E. McGarvey, City CIe~K` ®2~