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r <br />3 <br />• has been duly calculated upon the basis of benefits, without <br />regard to cash valuation, in accordance with the provisions of <br />Minnesota Statutes, Chapter 429, as amended, and notice has <br />been duly mailed and published, as required by law, that this <br />Council would meet to hear, consider and pas� upon all objec- <br />tions, if any, and said proposed assessment has a� all times <br />siace its Eiling been open for public inspection, and an oppor- <br />tunity has been given to all interested persons to present <br />their objections, if any, to such proposed assessments. <br />2. This Covncil, 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 enwner- <br />ated in the proposed assessment was and is speeially benefited <br />by the construction of said improvement in not iess than the <br />amount of the assessment set opposite the deseription of each <br />such 1ot, piece arid parcel of land, respectively, and such <br />amount so set o.ut is hereby ievied against each o€ the respec- <br />tive lots, pieces and parcels of land therein. <br />3. The proposed assessments are hereby adopted and con- <br />firmed as the proper special assessments for each of said lots, <br />pieces and parcels of land, respectively, and the assessment <br />against each parcel, together with interest at the rate of 83 <br />per annum accruing on the full amount thereof £rom time to time <br />unpaid, shall be a lien concurrent with general taxes upon such <br />parcel and all thereof. The total amount of each such assess- � <br />ment shall be payable in equal annual principal installments <br />extending over a period of twenty (20) years, the first of <br />said installments, together with interest on the entir� assess- <br />ment from the date hereof to December 31, 1980, to be payable <br />with general taxea for the year 1979, collectible in 1980, and <br />one of each of the remaining installments, together with one <br />year's inter�st on that and all other unpaid installments, to <br />be payable with general taxes for each consecutive year there- <br />after until the entire assessment is paid. <br />4. Prior to certification of the assessment'to the County <br />Auditor, the ownar of any lot, piece or parcel of land.asse�sed <br />hereby may at any time pay the whole or at least 5U� o£ such <br />assessment, with interest to the date of payment; to the City <br />. Treasurer, but no interest shall be charqed if sueh payment is . <br />made within 30 days after the date of this resolution. <br />5. The City C1erk Adi�ninistrator shall, �s soon as may be, <br />prepare and transmit to the County Auditor a certified duplicate <br />of the assessment roll, with each installment and interest on <br />each unpaid assessment set forth separately, to be �xtended <br />upon the proper tax lists of the County, and the County Auditor <br />shall thereafter collect said assessments in the manner provided <br />by law. <br />