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<br />! I <br /> <br />'" <br />.. <br /> <br />RESOLUTION NO. 99-095 <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />:$jESOLUTION ADOPTING ASSESSMENT ON PROJECT 98-1, VERMONT PARK AREA <br />$TREET RECONSTRUCTION. <br /> <br />$iE IT RESOLVED by the City Council of the City of New Brighton, Minnesota as follows: <br /> <br />WHEREAS, the Owner has waived notice of notice of hearing and hearing on the special assessments <br />as required by law, and the City Council has met and heard and passed the proposed assessment of the nine <br />lots improved and benefited lots platted as Karol's Stony Lake Second Addition <br />BY: The construction of sanitary sewer, storm sewer, watermain, concrete curb and gutter, and street <br />surfacing. <br /> <br />NOW THEREFORE BE IT RESOLVED by the City Council of the City of New Brighton, <br />Minneliota: <br /> <br />i. The total amount to be assessed is $156,278.3 8. <br />2. Such proposed assessment, referred to as Ramsey County Data Processing Improvement Number <br />6770 is hereby accepted and shall constitute the special assessment against the lands named <br />therein, and each tract of land therein included is hereby found to be benefitted by the <br />improvement in the amount of the assessment levied against it. <br />3. Such assessment shall be payable in equal annual installments extending over a period often <br />(10) years, the first installment to be payable on or after the first Monday in January 2000 and <br />shall bear interest at the rate of 6.5 percent per annum from the adoption of this assessment <br />resolution. <br />4. The owner of any property so assessed may, at any time prior to certification of the assessment to <br />the County Auditor pay the whole of the assessment on such property with interest accrued to the <br />date of payment, to the City Treasurer, except that no interest shall be charged if the entire <br />assessment is paid within 30 days from the adoption of this resolution and he may, at any time <br />thereafter, pay the County Treasurer, the balance of assessments remaining unpaid with interest <br />accrued in accordance with the statutes such in case made and provided. <br />5. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor <br />to be extended on the property tax list of the County and such assessments shall be collected and <br />paid over the same manner as other municipal taxes. <br /> <br />Adopted this 12th day of October, 1999 <br /> <br />A~~T:.. <br /> <br />R~ <br /> <br /> <br />..",-- <br /> <br />~ <br />Finance Director/City Clerk <br /> <br />(SEAL) <br /> <br /> <br />\: <br /> <br />7 <br />