HomeMy WebLinkAbout1993-196
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IWJOT.JI'fiOll liO. 93-1 9 6
ADOPrIlIG AS"Ula~
IDr.RT....- OF S'J'TT.T:ID.'I'KIl, mIllD ADDrrIOlI, L.I. 289
.........&G, 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
Local Improvement No. 289, described as that area known as Highlands of
stillwater, Third Addition, which is located north of Orleans Street, east of
County Road 5, south of Pine Tree Trail and west of Greeley Street..
__, 'I.'REREf'ORB, BE I'r RllSOLVBD BY 'fBK crrr lDlIBCIL OF S'l'TI.T"''I'KIl, 1IT1lIIOII<nrA:
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 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 1994 and shall bear
interest at the rate of 8 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 from the date of this resolution until
December 31, 1994. 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
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 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 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 12th day of October 1993.
(} J..& 77& ~'4t'
Mayor
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Attest: )~ ~~
' ity Clerk