Laserfiche WebLink
2. The City has agreed to reduce the total assessments against all Flaherty Parcels from <br /> $32.414.91 (Original Assessment) to $17,500.00 (Revised Assessment) and has agreed to <br /> adopt appropriate resolutions which direct the Ramsey County Auditor to adjust the <br /> Original Assessment so that it reflects the amount of the Revised Assessment against the <br /> Flaherty Parcels together with interest thereon at the rate of 6.5% per annum from May <br /> 29, 2007 in the following manner. <br /> Parcel Ito_ Revised Assessed Amount <br /> 1. 273023430001 $5,833.33 <br /> 2. 273023430009 $5.833.33 <br /> 3. 273023430010 $5,833.34 <br /> TOTAL $17.500.00 <br /> 3. If the above described adjustments cannot be made in time to correct Special Assessment <br /> installments due and payable in 2008, the City will further reduce the above Revised <br /> Assessment amounts, as necessary, in order to credit Flahertys !or payments made in <br /> 2008 in excess of the amounts that would have paid if the Revised Assessments had been <br /> included in Resolutions No. 07-55B. <br /> 4. In consideration of the City's Agreement to reduce assessments as herein described, <br /> Flahertys agree to dismiss the Special Assessment Appeals as contained in District Court <br /> File No.: 62-CV-07-703 with prejudice and without cost to either party. <br /> 5. The Parties acknowledge that Flahertys has other claims arising from the construction of <br /> the Project and the this Stipulation of Settlement is not intended to, nor shall it be <br /> 2 <br />