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<br />~..! <br /> <br />RESOLUTION NO. 00-003 <br /> <br />!. <br /> <br />, <br />~ <br /> <br />.. <br /> <br />City of New Brighton <br />Ramsey County <br />State of Minnesota <br /> <br />Resolution deferring the assessments on City owned property <br /> <br />Whereas, the City has completed utility improvement projects; <br /> <br />Whereas, these projects benefitted City owned parcels; <br /> <br />Whereas, these parcels are part of our development efforts and will eventually be returned <br />to the tax rolls when the sites are redeveloped; <br /> <br />Whereas, the parcels were included as part of assessment roll #6695; <br /> <br />Now, therefore be it resolved that: <br /> <br />1. Payment of the assessments should be deferred until the sites are back in non~public <br />ownership. <br /> <br />2. Interest shall accrue on the illlpaid assessment at the same rate as applies to the roll. <br /> <br />3. The principal amount deferred is: <br /> <br />Brighton Corporate Park ill, Outlot B 314 5th Avenue NW <br />Brighton Corporate Park ill, Outlot C 5th Avenue NW <br />Brouillette Park 501 1st Street NW <br /> <br />$11 001.12 <br />$7503.92 <br />$277. 92 <br /> <br />Adopted this 11 th day of January, 2000. <br /> <br /> <br />- <br />ATI'ES-'T: .;... <br /> <br /> <br />~ <br /> <br />~;t.~ <br />i.;i'~ Egan <br />Finance Director/City Clerk <br /> <br />I/SharedlCoilllciIlReso VOO/ deferred <br />