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<br />CITY OF ARDEN HILI.S <br />RAMSEY CCXlNTY <br /> <br />. <br /> <br />RFSOLUTICN NO. 94-36 <br /> <br />RFSOLUTICN ADOP'l'IN3 FINAL ASSESSMENT ROLL <br />(1994 RECCN. 5 YR.) - AIJDI'IOR NO. 6408 <br /> <br />WHEREAS , <br /> <br />upon due notice properly made 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 Managerrent <br />Irnproverrent Proj ect and has dete:rmined the arrount to be assessed <br />against each individual property as the Council deems just; <br /> <br />NJW, 'IHEREFORE, BE IT RESOLVED by the City Coill1cil of the City of Arden Hills, <br />Minnesota: <br /> <br />L The final assessment roll, a copy of which is attached hereto and <br />incorporated 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 fOill1d to be <br />benefitted by the irnproverrent in an arroill1t not less than the arrount of <br />the assessment levied against it. <br /> <br />2. Such assessment shall be payable in equal annual installrrents, 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 pericd. of <br />five years. <br /> <br />. <br /> <br />3. <br /> <br />The owner of any property so assessed may, at any time prior to <br />certification to the Coill1ty Auditor of the assessment 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 assessment or <br />first installrrent thereof by paying to the City Treasurer/Coill1ty Auditor <br />the entire arrount of the assessment remaining unpaid with interest. In <br />the case of a payment made before November 15, interest will be <br />calculated through December 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 /> <br />4. The City Administrator shall transmit to the County Auditor a certified <br />duplicate of the attached assessment roll to be extended on the property <br />tax lists of the County. Such assessment shall be collected and paid <br />over in the same lTBl1I1er as other mmicipal taxes. <br /> <br />'ASSID AND """"'" BY "'" "'" =><:;J:. =(fa' """" "'" 23RD <br />DAY OF MAY, 1994. , ~ ~ <br /> <br /> <br />Thcm3s R. Sather, Mayor <br /> <br />ATIEST: <br /> <br />. <br /> <br />/7, <br />/V;l'/Z':f..,.:24!c/ <br />Dorothy A. ~, <br /> <br />"" /) <br />-' ',; J<" /r." <br />r ~ /_-e:-......~'4,..~-r---._ <br />City Administrator <br />