HomeMy WebLinkAbout94-036
CITY OF ARDEN HILI.S
RAMSEY CCXlNTY
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RFSOLUTICN NO. 94-36
RFSOLUTICN ADOP'l'IN3 FINAL ASSESSMENT ROLL
(1994 RECCN. 5 YR.) - AIJDI'IOR NO. 6408
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 1994 Pavement Managerrent
Irnproverrent Proj ect and has dete:rmined the arrount to be assessed
against each individual property as the Council deems just;
NJW, 'IHEREFORE, BE IT RESOLVED by the City Coill1cil of the City of Arden Hills,
Minnesota:
L 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 tract of land in the assessment roll is hereby fOill1d to be
benefitted by the irnproverrent in an arroill1t not less than the arrount of
the assessment levied against it.
2. Such assessment shall be payable in equal annual installrrents, including
both principal and interest, arrortized in such arrount annually as is
required to pay the principal with interest at 8.00% over a pericd. of
five years.
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3.
The owner of any property so assessed may, at any time prior to
certification to the Coill1ty Auditor of the assessment of the first
installrrent 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 installrrent thereof by paying to the City Treasurer/Coill1ty Auditor
the entire arrount 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 15 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 lTBl1I1er as other mmicipal taxes.
'ASSID AND """"'" BY "'" "'" =><:;J:. =(fa' """" "'" 23RD
DAY OF MAY, 1994. , ~ ~
Thcm3s R. Sather, Mayor
ATIEST:
.
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/V;l'/Z':f..,.:24!c/
Dorothy A. ~,
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City Administrator