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HomeMy WebLinkAbout8178 (Res.) } ~ NO. 8178 RESOLUTION ADOPTING ASSESSMENT FOR 1035 & 1055 WEST ST. CROIX AVE. WHEREAS, pursuant to a written agreement made in lieu of notice and hearing as required by law, the Council has passed upon the proposed assessment for the improvement of property located at 1035 and 1055 West st. Croix Avenue, both properties situated on Plat Parcel No. 9020-2300, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER, MINNESOTA: 1 . The proposed assessment is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land included is hereby found to be benefitted by the proposed improvement in the amount of the assessment levied against it. The assessment is as follows: 1035 W. St. Croix Av. . 1055 w. st. Croix Av. Total 290.03 $5,387.38 637.92 1,972.32 326.89 580.06 r Sewer Sewer Service Water Main Water Service Sewer Oversizing Charge $2,693.69 318.96 1,972.32 326.89 $2,693.69 318.96 290.03 Total $5,601.89 $3,302.68 $8,904.57 2. This assessment shall be payable in equal annual installments extended over a period of eight years, 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 10% 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 the resolution until December 31, 1990. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 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 assessment shall be collected and paid over in the same manner as other municipal taxes. Adopted by the 1989. r Attest: ~~~ Mary Lo Johnson Clerk