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RESOLUTION NO. 7928
RESOLUTION ADOPTING ASSESSMENT
WOODLAND LAKES DEVELOPMENT
EROS I ON CONTROL
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 service charge due to erosion control in accordance with City
Ordinance 38.01,
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 shall be payable in equal annual installments extending
over a period of one (1) year, the first of the installments to be payable
on or before the first Monday in January, 1989 and shall bear interest at
the rate of 8.5 per cent 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, 1989. 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
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 (thirty) 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 remainin9 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 succeedin9 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 24th day of June, 1988.
Ratification of Resolution by Council this 2 tho day of June,
ATTEST: J11~ ~/7.A ~~
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