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RESOLUTION NO. 94-266
RESOLUTION ADOPTING ASSESSMENT FOR L.I. 003
MUSCELLANEOUSPROJECTS
WHEREAS, pursuant to an agreement with the affected property owner and proper notice duly given
as required by law, the council has met, heard and passed upon all objections to the proposed
assessment for sidewalk repair,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER,
MINNESOTA:
1. Such proposed assessment, 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.
2.
Such assessment sha1l be payable in equal annual installments extending over a period of five
(5) years, the first of the installments to be payable on or before the first Monday in January
1995and shall bear interest at the rate of8 percent per annum from the date of the adoption
of this assessment resolution. To the first installment shall be added interest on the entire
assessment form the date of this resolution until December 31,1995, To each subsequent
installment when due shall be added interest for one year on all unpaid installments.
3, The owner of anyproperty so assessed may. at any time prior to certification of the assessment
to the county auditor, pay the whole 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 thirty (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 3) 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 elelk shan 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 COlUlcil this 11th day of October 1994.
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Mayor
Attest:
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