HomeMy WebLinkAbout96-034a
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
RESOLUTION #96-34a
A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL
(5 YEARS AMORTIZATION) FOR PARCELS 20, 33, 34 AND 38
OF THE RECONSTRUCTION IMPROVEMENT PROJECT; AND
PARCEL 46 OF THE BITUMINOUS OVERLAY PROJECT.
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:
I.
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.
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 five 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 ofthis Resolution. Prepayment may also be made after the
certification ofthe 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 of the next succeeding year.
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Resolution #96-34a
Page 2
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,
ATTEST:
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CI
THIS 10TH DAY OF JUNE, 1996.
N HILLS
CITY ADMINISTRATOR
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