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. . . ' 14 BE IT RESOLVED by the city Council of the City of Arden Hills, Minnesota, as follows: 1. The amount proper and necessary to be special1y.assessed at this time for Combined Improvements W-77-5 and W-78~2, against every assessable lot, piece or parcel of land affected thereby has been duly calculated upon the basis of benefits; without regard to cash valuation, in accordance with:the provisions of Minnesota Statutes, Chapter 429, as amended, and notice has been duly mailed and published, as required by law, thatthis.Council would meet to hear, consider and pass upon all objections, if any, and said proposed assessment has at all times since its filing been open for public inspection, and an opportunity has been given to all. interested persons to present. their objec- tions, if any, to such proposed assessments. . . 2. This council, having heard and considered all objec- tions so presented, and being fully advised in the premises, finds that each of the lots, pieces and parcels of land enumer- ated in the proposed assessment as amended was and is specially benefitted by the construction of said improvement'.in not less than the amount of the assessment set opposite the description of each such lot, piece and parcel of land, respectively, and such amount so set out is hereby levied against each of the respective lots, pieces and parcels of land therein. 3. The proposed assessments as amended are hereby adopted and confirmed as the proper special assessments for each of said lots, pieces and parcels of land, respectively, and the assess- ment against each parcel, together with interest at the rate of 8% per annum accruing on the full amount thereof from time to time unpaid, shall be a lien concurrent with general taxes upon such parcel and all thereof. The total amount of each such assessment shall be payable in equal annual principal insta11~ ments extending over a period of twenty (20) years, the first of said installments, together with interest on the entire assessment from the date thereof to December 31, 1980, to be payable with general taxes for the year 1979, collectible in 1980, and one of each of the remaining installments, together with one year's interest on that and all other unpaid insta11- ments, to be payable with general taxes for each consecutive year thereafter until the entire assessment. is paid. 4. Prior to certification of the assessment to the County Auditor, the owner of any lot, piece or parcel of land assessed hereby may. at any time pay the whoJ,.e or at least 50% of such assessment, with interest to the date of payment, to the City Treasurer, but no interest shall be charged if such payment is made within 30 days after the date of this resolution.