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- ..~ STATE OF MINNESOTA DISTRICT COURT .. . ... COUNTY OF RAMSEY SECOND JUDICIAL DISTRICT . --------------~--~------~-~---~---- . In re Village of New Brighton STIPULA TION Resolution 862, Assessing Certain FOR SETTLEMENT Properties in said Village for Right..-.of-Way aequisition and water File No. 3736100 main installation 70-12 -~----------~------~-~~-~-----~---- WHEREAS, the Village of New Brighton did adopt an assessment against lands owned by appellants in the total sum of $24,544.00 on September 22, 1970, and WHEREAS, subsequent to the adoption of such assessment, appellants appealed from the assessment and the parties hereto now deAire to compromise and settle their differences, NOW, THEREFORE, IT IS AGREED AS FOLLOWS: 1. That the amount of the original assessment shall be reduced by one-third. 2. That from the remaining two-thirds of the assessment, which appellants agree is fair and reasonable and agree they will pay, there shall be deducted thA sums already paid. 30 That the balance of the reduced assessment after deducting payments heretofore made shall be levied as an assessment against the properties over a ten...year period with the first installment to be .due in the year 1974 with interest thereon from the date of the adoption of the assessment levy and with no interest on any sums prior to that date. 4. That the.1973 installments on the assessment as originally levied shall be cancelled and abated together with all future installments to become due under the original assessment. That the computations to accomplish this are as follows: PARCEL ORIG. ONE THIRD NET PAID TO BE NO. ASSESS. REDUCTION ASSESS. ALREADY ASSESSED 100-26 $10,832.00 $3,610.66 $7,2210 34 $3,356.94 $3,864.40 120-26 $ 4,752.00 $1,584.00 $3,168.00 $1,472.70 $1,695.30 030-29 $ 8,960.00 $2,986.66 $5,973034 $2,776.78 $3,196.56 "- TOTAL $24,544.00 $8,181. 32 $16,362.68 $7,606.42 $8,756.26