HomeMy WebLinkAbout8175 (Res.)
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RESOLUTION NO. 8175
AOOPTDlG REASSESSIII!IIT
1IHEREAS, pursuant to proper notice duly given as required by law, the council
has met and heard and passed upon all objections to the proposed reassessment
for Local Improvement No. 185, described as 9615-2300 Lot 1 Blk 2 Lot 1 Feeley's
Addition; 9615-2350 Lot 2 Blk 2 Lot 2 Feeley's Addition; 9615-2600 Lot 3 Blk 3
Lot 3 Feeley's Addition; 9615-2400 Lot 3 Blk 2 Lot 3 Feeley's Addition.
NOW, THERKFORE, BE IT RESOLVED BY '!.'HE CITY COUMCTI. OF STILLWATER, MIllIlESO'fA:
1. Such proposed reassessment, a copy of which is attached hereto and made
a part hereof, is hereby accepted and shall constitute the special
reassessment 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 reassessment levied against it.
2. Such reassessment 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 1990 and shall bear interest at
the rate of 9.75 percent per annum from the date of the adoption of this
reassessment resolution. To the first installment shall be added interest
on the entire reassessment from the date of this resolution until December
31, 1990. 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 reassessment to the county auditor, pay the whole
reassessment 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 reassessment 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 reassessment 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
reassessment to the county auditor to be extended on the property tax lists
of the county. Such reassessments shall be collected and paid over in the
same manner as other municipal taxes.
Adopted by the council this 3rd day of October 1989.
Attest:
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