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HomeMy WebLinkAbout81-078 r CITY OF LAKEVILLE RESOLUTION Date. October 1, 1981 Resolution No. 81-78 Motion by sindt Seconded by ' Nelson RESOLUTION .ADOPTING ASSESSMENT WHEREAS, pursuant to proper notice du y given as required by law, the council has met and heard and passed upon all objections to the proposed assessment for the improvement of Forest Hills, Argonne Farms and Szabo's Addition, Improvement Project $0-13. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LAKEVILLE, .MINNESOTA: 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 installments extending over a period of 20 years, the first of the installments to be payable on or before the first ~vlonday in January, 19 83 , and shall .bear interest at the rate of 9.234 percent per annum frorn the date of the adoption of this assessment resolution. To .the first. install- menu shall be added interest on the entire assessment from the date of this resolution until December 31, 2001 To each subsequent installment when due shall be added interest fore 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 there~~after, pay to the. city treasurer the entire amount of the assessment rem fining 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 lists of the county, .and such assessments shall be collected and paid .over. in the same manner as other municipal. taxes. Adopted by the Lakeville City Council this lst day of oct®ber, 1981. Duane zaun , Aeon ayor ATTEST: ~ atrick McGarvey, City C1 -2-