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~ <' .. ' .<' RESOLUTION NO. 90- 070 STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW BRIGHTON RESOLUTION ADOPTING ASSESSMENT ON LONG LAKE AREA STREET RECONSTRUCTION 'PROJECT 89-7. 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 law, the : City Council has met and heard and passed upon all objections to the i,proposed assessment of the improvement of: LOCATION: The benefitted properties in the Long Lake areal . 12th Avenue NW, Long Lake Road to 13th Street · 13th Street NW, Long Lake Road to 12th Avenue . 14th Avenue NW, 15th Street to Hipp's Addition . 15th Street NW, Long Lake Road to 14th Avenue · 15th Terrace NW, Long Lake Road to 14th Avenue · 16th Street NW, Long Lake Road to 14th Avenue · 16th Terrace NW, Long Lake Road to 14th Avenue BY: The construction of storm sewer, curb and gutter and bi turoinous surfacing. NOW THEREFORE BE IT RESOLVED by the City Council of the City of New Brighton, Minnesota: 1. Such proposed assessment, referred to as Ramsey County Data Processing Improvement Number 5913 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 benefitted by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of ten (10) years, the first installment to be payable on or after the first Monday in January, 1991, and shall bear interest at the rate of 8. 5 percent per annum from the adoption of this assessment resolution~ 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 wi thin 30 days from the adoption of this resolution and he may, at any time thereafter, pay the County Treasurer, the balance of assessments remaining unpaid 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 property tax list of the County and such assessments shall be collected and paid over the same manner as other municipal taxes. ;' Adopted this 14th day of August, 1990. j I' :! ATTEST: ~~ Ro. ~ ~ ~yor . .. ~i~till; ~~r ,,~~ : Margare~ Egan, : Finance Director/City Clerk '; (SEAL)