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HomeMy WebLinkAbout98-035 . . . CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA CERTIFICATION RESOLUTION NO. 98-35 The undersigned, being the duly qualified and acting City Administrator of the City of Arden Hills, Minnesota, hereby certifies the following: The foregoing is a true and correct copy of a resolution on file and of official, publicly available record in the office of the City. Said resolution was duly adopted by the City Council at a regular meeting of the Council held on March 30. , 1998. Said meeting was duly called, regularly held, open to the public, and held at the place at which meetings of the Council are regularly held. Councilmember Hicks moved the adoption of the resolution, which motion was seconded by Councilmember Aplikowski; whereupon majority vote, said resolution was declared duly passed and adopted. WITNESS MY HAND AND SEAL OF OFFICE as the City Administrator of the City of Arden Hills, Minnesota, this 6th day of Aoril ,1998. BRi~TY ADMINISTRATOR City of Arden Hills, Minnesota / I (SEAL) .' . . . STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF ARDEN HILLS RESOLUTION NO. 98-35 A RESOLUTION ADOPTING FINAL RECONSTRUCTION ASSESSMENT ROLL (5 YEAR 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 1998 Reconstruction Street Improvements 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. 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. 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 at eight percent (8%) over a period of five (5) years for those assessment amounts less than $3,500 in value. 3. The owner of any property so assessed, may, at any time prior to certification to the County Auditor of the assessment, pay to the City Treasurer at least fifty percent (50%) of the assessment on such property, with no interest accrued on the paid portion of the assessment, if the assessment is paid within thirty (30) days after the adoption of this Resolution. Prepayment may also be made after the certification of the assessment to the County by paying to the County Auditor the entire amount oftlle 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 31 of the next succeeding year. . . . . Resolution No. 98-35 March 30,1998 Page Two 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 rolls of the County. Such assessment shall be collected and paid in the same manner as other municipal taxes. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 30TH DAY OF MARCH, 1998. ATTEST: BRIAN FRITS I GER, CITY ADMINISTRATOR M:\USERSISHEILA ICOUNCILIRESOLUTI98- 35, WPD . . ~ . .. .. .. '" . '" .. ~ ..~.. 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