HomeMy WebLinkAbout8157 (Res.)
L.1. 171
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RESOLIft'IOII 110. 8157
Ile&olutioD DeclariDg Cost' to be Reusessed
Plx&uaDt to .i-anta statutes 273.11
aDd
Orded.Dg Preparation of P... ~.JB1!d v..,aa_._t
MAVDV..., the Council has previously adopted assessment rolls for Local
Improvement 171, on parcels 9615-2100 OUtlot C; 9615-2300 Lot 1 Blk 2 Lot 1
Feely's Addition; 9615-2350 Lot 2 Blk 2 Lot 2 Feely's Addition; 9615-2600 Lot
3 Blk 3 Lot 3 Feely's Addition; 9615-2400 Lot 3 Blk 2 Lot 3 Feely's Addition;
and
-'IS. the above described properties ! (in whole) no longer qualify for
deferment under Minnesota statutes 273.11, 'and
~..q, there remains original assessmen~s for Local Improvement 171 on the
above described properties, and
1.
ra--...&, IlK U ............vm BY !lIE CIft iCCUIICIL 01' ~;T.IIIl'I'RII, 1IIlIIIHSOrA:
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The portion o,f the cost of such imp~vement to be paid by the city is
hereby declared to be $ 0 and tjhe portion of the cost be assessed
against benefited property owners is;aeclared to be $18,534.12.
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Assessments shall be payable in equal annual installments extending over
a period of three years, the first of~the installments to be on or before
the first Monday in January 1990, an shall bear interest at the rate of
7.25 percent per annum from the dat of the adoption of the assessment
resolution, this term being equal to the term remaining on the Bonds issued
to finance the improvement for which ~he original assessment was levied.
3. The city clerk, with the assistanc~ of the city engineer (consulting
engineer) shall forthwith calculate I the proper amount to be specially
assessed for such imProvement against rVery assessable lot, piece of parcel
of land within the district affected I' without regard to cash valuation,
as provided by law, and he shall fil~ a copy of such proposed assessment
in his office for public inspection.
2.
4. The clerk shall upon the completion pf such proposed assessment, notify
the council thereof.
Adopted by the Council this 5th day of Sep~ember, 1989.
JA1A~7{~~
' City Cler
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Mayor
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