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<br /> ------------ <br /> CITY OF ARDEN HILIS <br /> RAMSEY CXlllNlY <br /> . RESOLUTICN ro. 94-36 <br /> RESOLU'l'ICN ADOJ:"u1'G FDW:. ASSESSMENl' ROLL <br /> (1994 RECX:N. 5 YR.) - AUDI'IDR ro. 6408 <br /> WIlEREl\S , upon due notice properly rrade as required by law, the Arden Hills <br /> City Council has met and heard and passed upon all objections to <br /> the proposed assessment for the 1994 Pavement Management <br /> Improvement Project and has detenn:ined the anount to be assessed <br /> against each individual property as the Council deems just; <br /> 101, THEREFORE, BE IT RESOLVED by the City Colmcil of the City of Arden Hills, <br /> Minnesota: <br /> l. '!he final assessment roll, a copy of which is attached hereto and <br /> inco~rated herein by this reference, is hereby accepted and adopted <br /> and shall constitute the special assessment against the lands therein <br /> named . Each tract of land in the assessment roll is hereby fOlEld to be <br /> benefitted by the improvement in an aIlOWlt not less than the anount of <br /> the assessment levied against it. <br /> 2. Such assessment shall be payable in equal annual installments, including <br /> l::oth principal and interest, anortized in such aIlOWlt annually as is <br /> required to pay the principal with interest at 8.00% aver a period of <br /> five years. <br /> . 3. '!he owner of any property so assessed may, at any time pri= to <br /> certification to the Colmty Auditor of the assessment of the first <br /> installment thereof, pay to the City Treasurer the whole of the <br /> assessment on such property, with interest accrued to the date of <br /> payrrent; except that no interest shall be charged if the entire <br /> assessment is paid within 30 days after the adoption of this Resolution, <br /> Prepayrrent may also be rrade after the certification of the assessment or <br /> first installment thereof by paying to the City Treasurer/Colmty Auditor <br /> the entire anount of the assessment remaining unpaid with interest. In <br /> ,the case of a payrrent made before N)vember 15, interest will be <br /> calculated through December 31 of the year in which payrrent is rrade. If <br /> payrrent is rrade after November 15, interest will be calculated through <br /> December 15 of the next succeeding year. <br /> 4. '!he City Administrator shall transmit to the Colmty Auditor a certified <br /> duplicate of the attached assessment roll to be extended on the property <br /> tax lists of the Colmty. Such assessment shall be =llected and paid <br /> over in the sarre manner as other municipal taxes, <br /> PASSED AND AOOPl'ED BY THE CITY CClllNCIL OF 'lHE CITY OF ARDEN HILIS '!HIS 23RD <br /> DAY OF MlIY, 1994. <br /> Thomas R. Sather, Mayor <br /> ATI'FST: <br /> . <br /> D:>rothy A. Person, City Administrator <br />