HomeMy WebLinkAbout1991-216
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RESOLUTION NO. 91-216
A RESOLUTION ADOPTING ASSESSMENT ROLL 257-2.
WHEREAS, pursuant to proper notice duly given as required by
law the Council has met, heard and passed upon all objections to
the proposed assessment for Local Improvement No. 257, otherwise
known as the Stillwater, Minnesota Downtown Capital Improvement
Project and,
WHEREAS, at the original assessment hearing held the 16th of
April, 1991, the Council determined that certain objections
deserved to be heard more closely and therefore, the Council
continued the assessment hearing as to those parcels and on the
8th of October, 1991, and on the 22nd of October, 1991, pursuant
to such notice as was required by law, the Council met further
and heard additional evidence with regard to the objections,
NOW THEREFORE, be it resolved by the City Council of
Stillwater, Minnesota:
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1. The proposed assessment roll known as Assessment Roll
257-2, a copy of which is attached hereto and made a part hereof,
is hereby accepted and shall constitute the special assessment
against the lands therein named and each tract of land therein
included is hereby found to be benefitted by the improvement in
the amount of the assessment levied against it.
2. Such assessment shall be payable in equal annual
installments over a period of fifteen years, the first
installment to be payable on or before the first Monday in
January, 1992 and shall bear interest at the rate of 8% 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,
1992. To each subsequent installment, when due, shall be added
interest for one year on all unpaid installments.
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3. The owner of any property so assessed may at any time
prior to the 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 resolution; and
they may, at any time thereafter, pay to the City Treasurer the
entire amount of the assessment remaining unpaid, with interest
accrued to December 31st of the year in which the payment is
made. The payment must be made before November 15th or interest
will be charged through December 31st of the next succeeding
year.
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4. The City Clerk shall forthwith transmit a certified
duplicate of this assessment roll to the County Auditor to be
extended on the property tax list of the County. Such assessment
shall be collected and paid Over in the same manner as other
municipal taxes.
Adopted by the Council this 22nd day of October, 1991.
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Wally Abrahamson, Mayor
ATTEST:
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Mary Lo Johnson
City Clerk
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