HomeMy WebLinkAbout7651 (Res.)
r
('
r'
...
~
.'
; .;1,
000148
RESOLUTION NO. 7651
RESOLUTION ADOPTING ASSESSMENT LOCAL IMPROVEMENT NO. 231
WHEREAS, pursuant to proper notice duly given as required by law, the City Council
has met and heard and passed upon all objections to the proposed assessments
for the following improvements:
The construction of watermains and services, sanitary sewer and
services, storm sewer, street surfacing and other appurtenances.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Stillwater:
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 the amount of the assessment levied against it.
2. Such assessment shall be payable in equal annual installments extend-
ing over a period of ten (10) years, the first of the installments to be
payable on the first Monday in January, 1987 and shall bear interest at
the rate of 8.5S per annum from the date of the adoption of this assess-
ment resolution. To the first installment shall be added interest on the
entire assessment from the date of this resolution until December 31,
1987. 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 any time prior to certi-
fication 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 is paid within 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 October 10 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 proper tax lists
of the County, and 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, 1986.
Published: October 17, 1986.
ATTEST:h~-I~ ~~
/ CITY CL