CC 08-23-1976 - Laserfiche WebLink

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. ' Councilman Woodl:lUn"l then. introduced the following rel'lolu- tion and moved its adoption: RESCLUTION NO.. 76-40 RESOLUl'ION ADOPTING AND CONFIRMING ASSESSMENTS AS AMENDED FOR INDIAN OAKS 2 ADDITION IMPROVEMENT BE IT RESOLVED by the City Council of the city of Arden . Hills, Minnesota. as follows: 1. The amount proper and necessary to be specially assessed at this time for Indian Oaks 2 Addition Improvement, 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, that this CoUncil would meet to hear. consider and pass upon all objec- tions, if any, l'.11d said proposed assessment has at all times since its filing been C'pen fc~ )?w:>lic inspection. and an oppor- tunity has been given to all interssted persons to present their obj ections, if any, to sucll proposed assessments. 2. This Council, lltlvinq heard and considered all objec- tions so presented. end being fully advised in the premises, finds that each of the lots, pieces and parcels of land en\Dller- ated in the proposed Qssessma."l.t l':S amended was and is specially benefitted by the C01lSt.ruction of said i"llproveroent in not less than the amount of the assesament set opposite the description of each such lot, piece and parcel of land, respectively, and such emount so set out is he~eby levied against each of the respective lots, pieces and parcels of land therein. 3. The proposed a'''~ess'''ents as aJPended are hereby adopted and confir.med 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 ann\Dll 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 install."IIElnts extending over a period of twenty (20) years, the first of said installments, together with interest on the entire assessment from the date hereof to December 31, 1977, to be payable with general taxes for the year 1976. collectible in 1977 ~ and one of each of the remaining installments. together '.nth one year's interest on that and all other unpaid install- ments, to be payable with general taxes for each consecutive year thereafter until the entire assessment is paid. .