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, ; . (; I " J'~. c' I - ~ ~ '( , .... RESOLUTION NO. 1598 STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW .aRIGHTON RESOLUTION ADOPTING ASSESSMENT ON IMPROVEMENT 73-4 BE IT RESOLVED by the City Council of the(Ciii:l;yof 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: Pike Lake Circle from Long Lake Road to Long Lake By: Acquisition ~f street ~ightof way, open~ng grading, sanitary sewer, watermain, storm sewer concrete curb and gutter~ bituminous base and surfacing NOW THEREFORE ~E IT RESOLVED by the city Council of the City of New Brighton, Minnesota: 1. Such proposed assessment, a copy of which~~s attached hereto and made a part hereof, is hereby accepted and shall constitut~ 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 amoung of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of fifteen (15) years, the first of the installments to be payable on or after the first Monday in January 1976, 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, 1975, 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 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 thereafter, pay to the County Treasurer, and the balance of the assessments remaining unpaid to the City Treasurer with interest accrued in accordance with the statutes such in case made and provided.