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<br />. <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY, MINNESOTA <br /> <br />RESOLUTION NO. 93-50 <br /> <br />A RESOLUTION ADOPTING THE FINAL ASSESSMENT ROLL <br />IN THE MATTER OF THE <br />1993 ARDEN PLACE DRAINAGE IMPROVEMENT PROJECT <br /> <br />WHEREAS, <br /> <br />upon due notice properly made as required by law, the Arden <br />Hills City Council has met and heard and passed upon all <br />objections to the proposed assessment for the 1993 Arden Place <br />Drainage Improvement project and has determined the amount to be <br />assessed against each individual property as the Council deems <br />just; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden <br />Hills, Minnesota: <br /> <br />1. Final assessment roll, which is listed below, is hereby accepted and <br />adopted and shall constitute the special assessment against the lands <br />therein named. Each such tract of land in the assessment roll is <br />hereby found to be benefitted by the improvement in an amount not less <br />than the amount of the assessment levied against it. <br />1553 Arden Place 3487 Ridgewood Road 3505 Ridgewood Road <br />3511 Ridgewood Rd 3517 Ridgewood Road 3530 Siems Court <br />3520 Siems Court 3510 Siems Court <br /> <br />2. <br /> <br />Such assessment shall be payable in equal annual installments, <br />including both principal and interest, amortized in such amount <br />annually as is required to pay the principal with interest as 8% <br />over a period of three years for assessments less than $500 and five <br />years for assessments equal to or greater than $500. <br /> <br />. <br /> <br />3. <br /> <br />The owner of any property so assessed, may, at any time prior to <br />certification to the County Auditor of the assessment or 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 />payment; except that no interest shall be charged if the entire <br />assessment is paid within 30 days after the adoption of this <br />Resolution. Prepayment may also be made after the certification of <br />the assessment or first installment thereof by paying to the City <br />Treasurer/Auditor the entire amount of the assessment remaining unpaid <br />with interest. In the case of a payment made before November 15, <br />interest will be calculated through December 31 of the next succeeding <br />year. <br /> <br />4. The Council reaffirms its action of September 27. 1993 and awards the <br />contract as referenced in Resolution #93-46 and authorizes execution <br />of the contract in the matter of the 1993 Arden Place Drainage <br />Improvement project. <br /> <br />5. The City Administrator shall transmit to the County Auditor a <br />certified duplicate of the attached assessment roll to be extended on <br />the property tax lists of the County. Such assessment shall be <br />collected and paid over in the same manner as other municipal taxes. <br /> <br />. <br /> <br />Passed and adopted this 12th day of October, 1993. <br />./ <br />I p/1'O ~1 <br />U G . f!J.!V' ? ql " THOMAS R. SATHER, MAYOR <br />ATTEST:. P (\ \i,~ (pI.:) '"\ <br />" /1 j <br /> <br />DOROTHY A. PERSON, CITY ADMINISTRATOR <br />