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<br /> l <br /> . <br /> .} <br /> .. <br /> .. . <br /> Ext~act of Minutes of Nt8tl_g Of <br /> vUIai' Council . <br /> V1llage 0 Ard.n Hill. . <br /> Ramwy Couty. . Minneaota <br /> Pursuant tc due call and notice thertofa epeetel "eting <br /> of the VlUap Council cf the Village of Arden H11h. M!.nnellOt., .... <br /> duly h.ld at th. lake Johanna El...ntarySchGi in .aid <br /> Vllla"OllThl.ll'sday. Oc:to~z 12. 1961 lit alCOo'cioek P.M. <br /> e . ". <br /> . .. . <br /> TMfc:lU~ng ,,_u ltI8n pS'es,ntl. Ashbach, Stl'Ol!lquiat. <br /> OlMtl.KeMeQY aftdC:r.peau <br /> and ~e f 0 lloq weJ;llI .bunt I Hon. <br /> Meabex Ol-.n introduced the following r..olutlOft and lI!oved <br /> ita adq;Uon I <br /> ~ REsot.UTION RILATIIG TO <br /> . iNlITARY S2W1R.IMPROVEMENTNO.. 4 . <br /> ANDPROVI0ImGINE.lV.t. T/iY. LeVIiS ntERiiFOA <br /> BE IT.IU:5Ot.VIO by tn. Village Coundl of the V1lla,. of <br /> Arden Hll La at follO'Qt <br /> I ~ 1n. wh 1.. eost of the compl*Uon ofSanltacy ~:t <br /> 1Jr,prtlY.~nt No. .. 1n accordab. w!t~ tl'l8 plans tnd .pedUcations . <br /> h.ut~f on appro"", and the contncts beJ'"ofo~'ent"ed l.nteth.ntox. <br /> bilS not( been uc:e::talned to" approdlll8Uly $4~."92.00 of whlc1\ <br /> the sum of .$4.0.0. oeo nu ~n bo:rroW4tG W the h.ueM. of Sani tal'Y <br /> Sew8r Imp.t'Qvelllent Iond.. Series D. dated April 1. 1961. n. . <br /> r.malndex of lu.h ~'sthas .been Of will ~ paid out of fund.. on <br /> hand and, ,Ncr,lyaVailabl.theufor, inelUlltiQtjl prQued. of. .any ot,h.er <br /> Improvelll4tnt lids bl .1lc.... of the costot -=r p...loualJllprovlNl8nt <br /> . as finally ucel'teinedi 1ncluding SloIma, contI' butionsandnwnues <br /> frem any other source. In$luded 1n said total cost fig~ear. sums <br /> rep:r...nt1l'\\il lnterut &cuuedon the mOrleY bon-owed fer said <br /> improvement Which interest is a necessary cost of .aid l~rov..nt . <br /> ~per to be included!n sPKial as..ssmenta and tax.. leYi~ t~3Ie~~1'. <br /> e viUaeehaa ,~ovid.dfor tb.payment of not 1... than $ . 1, .. <br /> of the total cut of Sanitary Sewet Improve.At fW. 4 by the levy <br /> . ofspee1d ....n_nu u~n all properU.. witbin \Nt anabeJ'etofou <br /> detenti,,".to .. ......a 1. for said iJDprove.nt InalllOUnh propor- <br /> tiona,te to and not exc:..dlng tile speeialbeneflta daterm1"'" to be <br /> d.rived fr~ said improvsment by each of the ~..pectiv.propertl.a. <br /> wh1ch assessments shall be spread upon the tax rolls of the viI lag. <br /> lneachc.tln..cI,lU.... year cOlllm<<mchg 1n l~l,ift:20 4tq\,lal annual <br /> lnstaU...nts. with interest at tbe rat. of'.fiv.,putent (~)~r <br /> annum en the balance ther.ef froll! time to timt rem.l~lntUnp. d; the <br /> first install.-nt to inc.lude interest from the date et. evy of .aid <br /> aptcial an'&llIllttIts to December 31, 1962, end ueh .td. the subsequent. <br /> Insta llmenh to lRC: Iude one yaaz's intenst. Ther...inJ:1'l9 annual <br /> principal and intuestrequlremente of s.ldbond1S1".-p...~son with <br /> the utilll&ted annual cd.l.etion of .aid spedal au.....nt~ are .s <br /> follows I . . <br /> ... <br />