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RESOLUTION NO. 97- 236
RESOLUTION ADOPTING ASSESSMENT FOR 1997 STREET IMPROVEMENTS (SOUTH 2ND
STREET AND SURROUNDING AREAS, PROJECT NO. 9716, L.I. 328 AND PROJECT NO.
. 9716-1, L.I. 328-1)
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 improvement of South 2nd Street
from Willard to Orleans, along with properties abutting Marsh, Burlington, and Hancock Streets, between
Third and First Streets.
.
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NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER,
MINNESOTA:
1. Such proposed assessments, a copy of which is attached hereto and made a part hereof, 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 with the following exceptions
A. Emanuelson property.
2. Such assessment shall be payable in equal annual installments extending over a period of ten (10)
years, the first of the installments to be payable on or before the first Monday in January 1998, and
shall bear interest at the rate of seven percent per annum from the date of the adoption of this
assessment resolutions To the first installment shall be added interest on the entire assessment from the
date of this resolution until December 31, 1997. 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 anytime prior to certification of the assessment to the
county auditor, pay the entire assessment on such property, with interest accrued to the date of
payment, to the City of Stillwater Treasurer. No interest shall be charged if the entire assessment is
paid within thirty (30) days from the adoption of this assessment. You may at anytime thereafter, pay
to the Washington County Treasurer the installment and interest in process of collection on the current
tax list and you may pay the remaining principal balance of the assessment to the City of Stillwater
Treasurer, 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
succeeding year.
4. The clerk shall forthwith transmit a certified duplicate of this assessment to the county auditor to be
extended on the property tax lists of the county. Such assessments shall be collected and paid over in
the same manner as other municipal taxes.
Adopted by the council this 7th day of October, 1997.
ATTEST:
~:, IJkll-rn
Morli eldon, City Clerk