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<br />. <br /> <br />. <br /> <br />been duly calculated upon the basis of benefits, without regard <br />to cash valuation, in accordance with the provisions of Minnesota <br />Statutes, Chapter 429, as amended, and notice has been duly <br />mailed and published, as required by law, that this Council would <br />meet to hear, consider and pass upon all objections, if any, <br />and said proposed assessment has at all times since its filing <br />been open for public inspection, and an opportunity has been <br />given to all interested persons to present their objections, if <br />any, to such proposed assessments. <br /> <br />2. This Council, having heard and considered all objections <br />so presented, and being fully advised in the premises, finds that <br />each of the lots, pieces and parcelS of land enumerated in the <br />proposed assessment was and is specially benefited by the con- <br />struction of said improvement in not less than the amount of the <br />aSsessment set opposite the description of each such lot, piece <br />and parcel of land, respectively, and such amount so set out is <br />hereby levied against each of the respective lots, pieces and <br />parcels of land therein. <br /> <br />3. The proposed assessments are hereby adopted and confirmed <br />as the proper special assessments for each of said lots, pieces <br />and parcels of land respectively, and the assessment against <br />each parcel, together with interest at the rate of 8% per annum <br />accruing on the full amount thereof from time to time unpaid, <br />shall be a lien concurrent with general taxes upon such parcel <br />and all thereof. The total amount of each such assessment shall <br />be payable in equal annual principal installments extending over <br />a period of fifteen (IS) years, the first of said installments, <br />together with interest on the entire assessment from the date <br />hereof to December 31, 1978, to be, payable with general taxes <br />for the year 1977, collectible in 1978, and one of each of the <br />remaining installments, together with one year's interest on that <br />and all other unpaid installments, to be payable with general <br />taxes for each consecutive year thereafter until the entire <br />assessment is paid. <br /> <br />4. Prior to certification of the assessment to the County <br />Auditor, the owner of any lot, piece or parcel of land assessed <br />hereby may at any time pay the whole or 50% of such assessment, <br />with interest to the date of payment, to the City Treasurer, but <br />no interest shall be charged if such payment is made within 30 <br />days after the date of this resolution. <br /> <br />5. '!'he City Clerk Administrator shall, as soon as may be, <br />prepare and transmit to the County Auditor a certified duplicate <br />of the assessment roll, with each installment and interest on <br />each unpaid assessment set forth separately, to be extended <br />upon the proper tax lists of the County, and the County Auditor <br />shall thereafter collect said assessments in the manner provided <br />by law. <br />