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RESOLUTION NO. 4773
RESOLUTION ADOPTING ASSESSMENT LOCAL IMPROVEMENT NO. 103-1971.
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 installation of water and sewer improvements in Wild Pines, First Addition.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Stillwater,
Minnesota:
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
theamount of the assessment levied against it.
2. Such sment shall be payable in equal annual installments extending
ding
over a period of three (3) years, the first of the installments to be payable
the first Monday in January, 1973 and shall bear interest at the rate of six and
one quarter percent (61/4%) per annum from the date of the adoption of this assessment
resoution.ded interest
ire assess-
mentl
lfrom theTdateeoflthis frst lresolution until Decenstallmnt shall be mber 31, 1973.onToohteach 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 certifi-
cation 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
or any portion is paid within 30 days from the adoption of this resolution; he
may thereafter pay to the County Treasurer the installmenteanand
ning principal
process
of collection on the current tax list and he may PtY
he balance of the assessment to the City Treasurer.
4. The Clerk shall file the assessment roll pertaining to this assessment
in his office and shall certify annually to the County Auditor on or before
October 10 of each year the totalaro n theassessmenton
ninstallments
eachparcel of
and
interest
landwhich
included
to be due in the following year
in the assessment roll.
Adopted by the Council this 19th day of September, 1972.
Published: September 27, 1972
Attest
Mayor