HomeMy WebLinkAbout95-050
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RESOLUTION 95-50
A RESOLUTION FOR THE CITY OF ARDEN HILLS
A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL EIGHT (8) YEARS
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 1995 Street Maintenance 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 for the City of Arden Hills,
Minnesota:
1. 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 eight years for those properties with an assessment amount
greater than $3500.
3. The owner of any property so assessed, may, at any time prior to certification to the
County Auditor of the assessment of the first installment thereof, pay to the City
Treasurer the whole ofthe 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. rn
the case of a payment made before 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.
. ATTEST:
BRIAN
PASSED AND ADOPTED BY THE CITY CO
THIS 26TH DAY OF JUNE, 1995.
CITY OF ARDEN HILLS
DE
ADMINrSTRA TOR
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