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#, ~ , . . .. - t RESOLUTION NO. 1653 STATE OF MINNESOTA COUN'TY OF RAMSEY CITY OF NEW BRIGHTON RESOLUTION ADOPTING ASSESSMENT ON IMPROVEMENT 74-3 BE IT RESOLVED by the city Council of the City of New Brighton, Minnesota as follows: WHEREAS pursuant to proper notice duly given as required by law the City Council has met and heard and passed upon all objections to the proposed assessment for the improvement of the intersection of the North Service Drive of I-694 (pike Lake Drive extended) and Silver Lake Road by acquisition of street right-of-way, opening and grading~ construction of storm sewer, bituminous base and surfacing, and concrete curb and gutter. NOW THEREFORE BE IT RESOLVED by the City Council of the City of New Brighton, 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 insta11menb: extending over a period of fifteen (15) year s, the first of the installments to be payable on or after the first Monday in January 1977, and shall bear interest at the rate of eight percent (8%) per annum from the date of the adoption of this assessment resolution until December 31, 1976, to each subsequent: installment when due shall be added interest for one (1) year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification on 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 County Treasurer, the assessments with interest accrued in accordance with the statute~: such in case made and provided. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor DO be extended on the proper tax list of the County, and such assessments shall be collected and paid over in the same manner as other municipal taxes.