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<br />I} <br /> <br />~ <br /> <br />~ <br /> <br />RESOLUTION NO. 92-099 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION ADOPTING ASSESSMENT ON SUNNYSIDE AREA STREET RECONSTRUCTION, <br />PROJECT 90-4. <br /> <br />BE IT RESOLVED by the City Council of the City of New Brighton, Minnesota as follows: <br /> <br />WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met and <br />heard and passed upon all objections to the proposed assessment of the improvement of: <br /> <br />LOCATION: <br /> <br />The benefitted properties in the Sunnyside Area: <br /> <br />BY: <br /> <br />The construction of storm sewer, curb and gutter, and bituminous surfacing. <br /> <br />NOW THEREFORE BE IT RESOLVED by the City Council of the City of New Brighton, <br />Minnesota: <br /> <br />1. The total amount to be assessed is $464,960.63. <br />2. Such proposed assessment, referred to as Ramsey County Data Processin& Improvement <br />Number 6040, is hereby accepted and shall constitute the special assessment against the lands <br />named therein, and each tract of land therein included is hereby found to be benefitted by the <br />proposed 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 of ten <br />(10) years, the first installment to be payable on or after the first Monday in January, 1993 <br />and shall bear interest at the rate of 8.0 percent per annum from the adoption of this <br />assessment resolution. <br />4. The owner of any property so assessed may, at any time prior to certification of the <br />assessment to the County Auditor pay the whole of the assessment on such property with <br />interest accrued to the date of payment, to the City Treasurer, except that no interest shall be <br />charged if the entire assessment is paid within 30 days from the adoption of this resolution and <br />he may, at any time thereafter, pay the County Treasurer, the balance of assessments <br />remaining unpaid with interest accrued in accordance with the statutes such in case made and <br />provided. <br />S. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County <br />Auditor to be extended on the property tax list of the County and such assessments shall be <br />collected and paid over the same manner as other municipal taxes. <br /> <br />Adopted this 22 day of September, 1992. <br /> <br />A TrEST: <br /> <br />~ <br /> <br /> <br />r\, . <br /> <br />!~LoJ rnl ~JUk <br /> <br />David M. Childs, City Manager <br /> <br />~~ <br /> <br />Finance Director/City Clerk <br /> <br />(SEAL) <br />