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RESOLUTION NO. 7257
RESOLUTION ADOPTING ASSESSMENT LOCAL IMPROVEMENT NO. 212.
WHEREAS, pursuant to proper notice duly given as required by law, the Council has
met and heard and passed upon all objections to the proposed assessment for the
following improvements:
Bituminous surfacing of South Grove Street for approximately
150 feet and South Hemlock Street for approximately 246 feet
from West Pine Street to their southerly terminus.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Stillwater:
1. That such proposed assessment 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 benefited 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 five (5) years, the first of the installments to be payable on the first
Monday in January, 1984 and shall bear interest at the rate of 8.75% per annum from
the date of the adoption of this assessment resolution. To the first installment
shall be added interest on the entire assessment from the date of this resolution
until December 31, 1984. To each subsequent installment when due shall be added
interest for one year on all unpaid installments.
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 or any portion 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 resolution; and he may, at any time thereafter, pay to
the City Treasurer the entire amount of the assessment remaining unpaid, with interest
accrued to December 31 of the year in which such payment is made. Such payment must
be made before November 15 or interest will be charged through December 31 of the
next succeeding year.
4. The Clerk shall forthwith transmit a certified duplicate of this assessment
to the County Auditor to be extended on the proper tax lists of the County, and such
assessments shall be collected and paid over in the same manner as other municipal
taxes.
Adopted by the Council this 1st day of November, 1983
Published: November 8, 19°3
Attest: �.• .. 019
City Clerk
If Mayor
140,
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aid
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