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:1 to." .~ '~'I.... -..' "-',-" .. RESOLUTION NO. 86-91 i: STATE OF HINNESOTA COUNTY OF RAHSEY CITY OF NEW BRIGHTON ;, " : RESOLUTION ADOPTING ASSESSHENT ON COUNTY ROAD "0" UPGRADING STREET AND , UTILITIES, PROJECT 84-2. BE IT RESOLVED by the City Council of the City of New Brighton, , Hi nnesota 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 proposed assessment of the improvement of: LOCATION: The benefitted properties on the north side of County Road "0" between I-35W and the west city limits. BY: The construction of storm sewer and curb and gutter. NOW THEREFORE BE IT RESOLVED by the City Council of the City of New ! Brighton, Hinnesota: '; 1. Such proposed assessment, a copy of which is attached hereto and made a part thereof, 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 eight (8) years, the first installment to be payable on or after the first Honday in January, 1987 and shall bear interest at the rate of 10 1/2 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 within 30 days from the adoption of this resolutfon and he may, at any time thereafter, pay the County Treasurer the balance of assess- ments 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 in the same manner as other municipal taxes. 5. The total amount of the assessment is $39,724.04. Adopted this 23rd Day of September, 1986. ' ; ~ ] ~ R~ ATTEST: DIrector SEAL t!