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14 <br />BE IT RESOLVED by the City CounciZ of the City o€ Arden <br />• Hills, Minnesota, as follows: <br />L The amount proper and necessary to be specially assessed <br />at this time for Combined Improvements W-77-5 and W-78-2, against <br />every assessable lot, piece or parcel of land af£ected thereby <br />has been duly calculated upon the basis of beneEits, without <br />regard to cash valuation, in accordance with.the provisions of <br />Minnesota Statutes, Chapter 429, as amended, and notice has been <br />duly mailed and published, as required by law, that this Council <br />would meet to hear, consider and pass upon all objections, if <br />any, and said proposed assessment has at all ti:nes since its <br />filing been open for public inspection, and an opportuni�y has <br />been given to all-interested persons to present their objec- <br />tions, if any, to such proposed assessments. <br />2. This Council, having heard and considered all objec- <br />tions so presented, and being fully advised in the premises, <br />finda that each of the lots, pieces and parcels of land enumer- <br />ated in the proposed assessment as amended was and is specially <br />benefitted by the construction of said improvement�in not less <br />than the amount of the assessment set opposite the deseription <br />of each such lot, piece and parcel of land, respc:etively, and <br />such amount so set out ie hereby levied against each of the <br />respective lots, pieces and parcels of lan3 therein. <br />3. The proposed assessments as amended are hereby adopted <br />and confirmed as the proper special assessments for each of said <br />lots, pieces and parcels of land, respectively, and the assess- <br />ment against each parcel, together with interest at the rat� of <br />88 per annum accruing on the full amount thereof from time to <br />ti.me unpaid, shall be a lien concurrent with general taxes upon <br />such parcel and all thereof. The total amount of each such <br />assessment shall be payable in_equal annual principal install- <br />ments extending over a period of twenty (20) years, the first <br />of said installments, together with interest on the entire <br />assessment from the date thereof to December 31, 1980, to be <br />payable with general taxes for the year 1979, collecti.ble in <br />1980, and one of each of the remaining installments, together <br />with one year's interest on that and all other unpaid install- <br />ments, to be payable with general taxes for each consecutive <br />year thereafter until.the entire assessment.is paid. <br />. 4. Prior to certification of the assessment to the County <br />Auditor, the owner of any lot, piece or parcel of land assessed <br />hereby may at any time pay the whole or at least 50$ of such <br />assessment, with interest to the date of payment, to the C3ty <br />Treasurer, but no interest shall be aharged i€ such payment is <br />raade within 30 days after the date of this resolution. <br />