HomeMy WebLinkAbout96-036
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
RESOLUTION #96-36
A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL
(8 YEARS AMORTIZATION)
WHEREAS, upon due notice properly 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 1996 Street 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:
1. Except as herein after provided, the final assessment roll, 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. Current deliberation as it
relates to parcels 3 and 11 are further tabled until the June 10, 1996 Council Meeting.
2,
Such assessment shall be payable in equal annual installments, including both principal
and interest, amortized in such amount annually as is required to pay the principal with
interest as 8% over a period of eight years.
3, The owner of any property so assessed, may, at any time prior to certification 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/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 ofthe next succeeding year.
4. The City Administrator shall transmit to the County Auditor a certified duplicate ofthe
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.
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Resolution #96-36
Page 2
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CI
THIS 28TH DAY OF MAY, 1996.
ATTEST:
DIfi~ ADMINlSlRATOR
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
CERTIFICATION
I hereby certifY that the attached resolution is a true and correct copy of the resolution presented
to and adopted by the City of Arden Hills at a duly authorized meeting thereof held on the 28th
day of April, 1997, as shown by the minutes of said meeting in my possession.