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'\ ~. RESOLUTION NO. 1595 .- .: V '\ STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW BRIGHTON RESOLUTION ADOPTING ASSESSMENT ON IMPROVEMENT 73-6 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 l~J the City Council has met and heard and passed upon all objections to the proposed assessment fo~ the improvement of: 26th Ave. N.W. from l7A~t. N.W. to cul-de-sac By: Acquisition of street right of way, opening grading sanitary sewer, wat<9rmain, storm sewer, concrete curb and gutter , bituminous base and surfacing NOW THEREFORE BE IT E,ESOLVED 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 assess- ment levied against it. 2. Such assessment shall be payable in equal annual install- ments 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;::rat the rate of eight percent (8%) per annum from the date of the adoption' of this assessment resolution until December 3l,1975, to each subsequent installment when due shall be added interest for one(l) 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, pat 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 he 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. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to 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. Adopted this 14th day of August, 1975 ATTEST: - - ~)a~Q:J~ Vernon C. Pederson, Clerk/Treasurer (SEAL)