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HomeMy WebLinkAbout8368 (Res.) ,lIJ,. I .. , o. r lIESOLU'fi(Iil NO. 8368 ADOPrIBG ~q.....",-~ .........."S, 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 Local Improvement No. 256, described as the installation of a temporary lift station and sanitary sewer services and appurtances in an area bounded by Washington County Road 5 on the west, West Orleans street on the south, Cottage Drive on the east and extending northerly to include Lot 1, Block 2, Cottage of Stillwater. 1lOlr, .~, BE IT RBSOLVED BY mE CITY CDDlICIL 01' Syrr.UIIl'I'RII, JITlIIIR-~: 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 ten (10) years, the first of the installments to be payable on or before the first Monday in January 1991 and shall bear interest at the rate of 8 percent 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, 1991. 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 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 thirty (30) days from the adoption of this resolution; and he may, at anytime 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 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 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 2nd day of October 1990. [' 'I. Attest: !d~ J04~d:jL,-~~ City Clerk I r7~~"~ Mayor