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BE IT FURTHER RESOLVED, that any assessments levied pursuant to this <br />Resolution shall bear interest at the rate of 4.5% per annum from the date of recording until <br />December 31st of the year in which the special assessment is paid in full. <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 25th <br />DAY OF JULY, 2011. <br />010 <br />David Grant, Mayor <br />Patrick Klaers, City Administrator <br />