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<br /> CI'lY OF ARDl!N HILLS <br /> RAMSEY COONTY <br /> . RESOLUTICN m. 94-35 <br /> RESOLUTICN ALuY~ll'G FINM. ASSESSMENl' ROLL <br /> (1994 KEITH C.I.P.) - AUDITOR m. 6407 <br /> WHEREAS , up::m due notice properly made as required by law, the Arden Hills <br /> City Council has net and heard and passed ~ all objections to <br /> the proposed assessment for the 1994 Pavement M:magetrent <br /> Iq:>rovement Project and has determined the arrount to be assessed <br /> against each individual property as the Council deems just; <br /> lDi', THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, <br /> Minnesota: <br /> 1. The final assessment roll, a copy of which is attached hereto and <br /> incorpJrated herein by this reference, is hereby accepted and adopted <br /> and shall =nstitute the special assessment against the lands therein <br /> narred. Each tract of land in the assessrrent roll is hereby found to be <br /> benefitted by the irrproverrent in an arrC>1.U1t not less than the arrount of <br /> the assessment levied against it. <br /> 2. Such assessment shall be payable in equal annual installments, including <br /> both principal and interest, arrortized in such arrount annually as is <br /> required to pay the principal with interest at 8.00% over a period of <br /> five years, <br /> . 3. The owner of any property so assessed may, at any tine prior to <br /> certification to the County Auditor of the assessrrent of the first <br /> installrrent thereof, pay to the City Treasurer the whole of the <br /> assessment on such property, with interest accrued to the date of <br /> payment; except that no interest shall be charged if the entire <br /> assessment is paid within 30 days after the adoption of this Resolution. <br /> Prepayment may also be made after the certification of the assessrrent or <br /> first installrrent thereof by paying to the City Treasurer/County Auditor <br /> the entire arrount of the assessrrent remaining unpaid with interest. In <br /> the case of a payment made before November 15, interest will be <br /> calculated through Cecember 31 of the year in which payment is made. If <br /> payment is made after November 15, interest will be calculated through <br /> December 15 of the next succeeding year. <br /> 4. The City Administrator shall transmit to the County Auditor a certified <br /> duplicate of the attached assessrrent roll to be extended on the property <br /> tax lists of the County. Such assessrrent shall be =llected and paid <br /> over in the sarre manner as other municipal taxes. <br /> PASSED AND ADOPl'ED BY 'mE CI'lY COUNCIL OF 'mE CI'lY OF ARDl!N HILLS THIS 23RD <br /> DAY OF MAY, 1994. <br /> 'I11cmas R. Sather, Mayor <br /> ATI'EST : <br /> . <br /> D:Jrothy A. Person, City Administrator <br />