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HomeMy WebLinkAbout94-037 CITY OF ARDEN HILLS RAMSEY COONIY . RESOLUl'ICN ro. 94-37 RESOLUl'ICN AIJOPI'IN} FIN1IL ASSESSMENT :ROLL (1994 RECON. 8 YR.) - AUDITOR NO. 6418 WHEREAS , upon due notice properly ffi3.de as required by law, the Arden Hills City Council has met and heard and passed upon all obj ections to the proposed assessrrent for the 1994 Paverrent Management Irrprovement PrDj ect and has detennined the arrount to be assessed against each individual property as the Council deems just; NCM, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, Minnesota: 1. The final assessrrent roll, a copy of which is attached hereto and incorporated herein by this reference, is hereby accepted and adopted and shall constitute the special assessrrent against the lands therein named. Each tract of land in the assessrrent roll is hereby found to be benefitted by the irrproverrent in an arrount not less than the arrount of the assessrrent levied against it. 2 . Such assessrrent shall be payable in equal annual installments, including roth principal and interest, arrortized in such arrount annually as is required to pay the principal with interest at 8. OO%' over a pericd of eight years because the assessrrent is equal to or greater than $3,500. . The owner of any property so assessed ffi3.y, at any time prior to certification to the County Auditor of the assessrrent of the first installment thereof, pay to the City Treasurer the whole of the assessrrent on such property, with interest accrued to the date of payment; except that no interest shall be charged if the entire assessrrent is paid within 30 days after the adoption of this Resolution. Prepayment ffi3.y also be ffi3.de after the certification of the assessrrent or first installrrent thereof by paying to the City Treasurer/County Auditor the entire arrount of the assessrrent reffi3.ining unpaid with interest. In the case of a payment ffi3.de before November 15, interest will be calculated through December 31 of the year in which payment is ffi3.de. If payment is ffi3.de 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 assessrrent roll to be extended on the property tax lists of the County. Such assessrrent shall be collected and paid over in the same ffi3.I1Iler as other rmmicipal taxes. 3. PASSED AND AOOPl'ED BY THE CITY COUNCIL OF DAY OF Ml\.Y, 1994. HILLS '!HIS 23RD .I ATTEST: . '/" ;7 /~C-c'/ ..' / Dorotliy A. Per. ,City . 7 I....' ,..- ~? - . 'strator