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CITY OF ARDEN HILLS
RAMSEY COUNTY. MINNESOTA
RESOLUTION 91 - 45
A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL
IN THE MATTER OF THE 1991 NORTH SNELLING AVENUE IMPROVEMENTS
WHEREAS. upon due notice property made as required by law, the Arden Hills City
Council has met and heard and passed upon all objections to the
proposed assessment for the 1991 North Snelling Avenue Improvement and
has determined the amount to be assessed against each individual
property as the Council deems just;
NOW, THEREFORE. BE IT RESOLVED by the City Council of the City of Arden Hills,
Minnesota:
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1. The final assessment roll, as amended at the July 8 Council Meeting; a copy
of which is attached hereto and incorporated herein by this reference, is
hereby accepted and adopted and shall constitute the special assessment
against the lands therein named. Each such tract of land in the assessment
roll is hereby found to be benefitted by the improvement in an amount not
less than the amount of the assessment levied against it.
2. Such assessment shall be payable i n equal annual i nsta 11 ments, i ncl udi ng
both principal and interest, amortized in such amount annually as is
required to pay the principal with interest at 8% over a period of
10 years.
3. The owner of any property so assessed, may, at any time prior to certifi-
cation to the County Auditor of the assessment or the first installment
thereof, pay to the City Treasurer the whole of the assessment on such
property, with interest accrued to the date of payment; except that no
interest shall be charged if the entire assessment is paid within 30 days
after the adoption of this Resolution. Prepayment may also be made after
the certification of the assessment or first installment thereof by paying
to the City Treasurer/County Auditor the entire amount of the assessment
remaining unpaid with interest. In the case of a payment made before
November 15, interest will be calculated through December 31 of the year in
which payment is made. If payment is made after November 15. interest will
be calculated through December 31 of the next succeeding year.
4. The City Administrator shall transmit to the County Auditor a certified
duplicate of the attached assessment roll to be extended on the property
tax lists of the County. Such assessment shall be collected and paid over
in the same manner as other municipal taxes.
Passed and adopted this 8th day of July, 1991.
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ATTEST:
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Thomas Sather, Mayor