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. . . '" ~ ~HILLS CITY OF ARDEN IDLLS COUNTY OF RAMSEY - STATE OF MINNESOTA RESOLUTION NO. 04-39 A RESOLUTION Adopting the Final Assessment Roll for Edgewater Neighborhood Streets 2004 Pavement Management Program WHEREAS, pursuant to proper notice duly given as required by law, the City Council of Arden Hills, Minnesota, met on April 26, 2004, and heard and passed upon all objections to the proposed road reconstruction and proposed mill and overlay special assessment roll for the improvement of the Edgewater Neighborhood streets as herinafter provided. NOW, THEREFORE, BE IT RESOLVED by the City Council of Arden Hills, Minnesota: The proposed special assessment roll, as amended pursuant to City Council action, copies of which are attached hereto and made a part hereof, are hereby accepted and shall constitute the special assessments roll against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount ofthe special assessment levied against it. The owner of the property assessed, may pay the entire amount of the special assessment at City Hall any time prior to certification to Ramsey County. If payment is made within 30 days from the adoption of this resolution, no interest shall be charged. After the 30 days, a property owner may pay the full assessment witb interest accrued from the date of the resolution adoption date to December 31, 2004 at City Hall up until August 27, 2004. Any unpaid assessments as of August 27,2004, shall be certified to Ramsey County. After August 27, 2004, but prior to November 15, 2004, the property owner may pay the entire assessment amount plus interest accrued through December 31, 2004 at Ramsey County. Payments made after November 15, 2004 shall be charged interest through December 31 of the succeeding year. The interest rate charged shall be 5.5%per annum. The special assessments for road reconstruction can be extended and payable over a period of ten (10) years with interest accrued. Assessments certified to Ramsey County shall be included on the annual property tax statements and paid for in the same manner as other municipal tax. ADOPTED by the City Council this 10th day of May, 2004. /~~ve~;OR ATTEST: ~~~~~M