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HomeMy WebLinkAbout81-088 CITY OF LAKEVILLE RESOLUTION ~a-te. November 2, 1981 Resolution No. 81-88 z Motion by Nelson Seconded by Sindt RESOZUTIOtN` ADOPTING ASSEtSSMENT WHEREAS, ;pursuant to proper, notice duly given as required ,by law, the council has met and'hcard~and passed upon all objections to the proposed assessment fd~ improvement project 79-1. NOW, THEREFORE, BE LT FESO~VED 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_theren included is hereby found to be benefited by the proposed mprovement'in the amount. of the assessment levied: against it. 2. Such assessment shall be payable in equal annualinstall- ments,extending over a period of 20 years, ..the first of the instal menu to be payable on or before the first Monday in January, 1983, and shall bear interest at the reat of 8 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 resolu- ton until December 31, 2001. 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 cf 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 assessment 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 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 2nd day of .November a 1981. CITY OF LAKEVILLE I BY : ,,.c~f,G~'~-C Duane Zaun, Ac i g Mayor ATTEST: ~ , atrick E. McGarvey® City Cler d