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HomeMy WebLinkAbout07-068 ~ ~~HILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 07-68 RESOLUTION ADJUSTING THE SPECIAL ASSESSMENT ROLL FOR TAX PARCEL 34-30-23-22-0028 WHEREAS, on September 11, 2006 the Arden Hills City Council adopted Resolution No. 06-47, entitled "Resolution Adopting Special Assessment Roll for the 2006 PMP ~ Ridgewood Neighborhood Improvements." (Attached as Exhibit A) WHEREAS, the owners of tax parcel 34-30-23-22-0028 appealed the levy of special assessments against their property. WHEREAS, the City of Arden Hills and the owners of tax parcel 34-30-23-22-0028 have resolved the special assessment appeal to their mutual satisfaction. NOW, THEREFORE, BE IT RESOLVED, by the Arden Hills City Council that: l. The special assessment levied against tax parcel no. 34-30-23-22-0028 by the City of Arden Hills pursuant to resolution no. 06-47 are amended in the following manner: As ofJanuary 1, 2008 the remaining principal balance shall be $2,733. Such adjusted assessment shall be payable in equal annual installments extending over a period of nine (9) years, unless prepaid, the first installment to be payable with the general taxes levied in 2007, collectable with such taxes during the year 2008, and shall bear interest at the rate of9% per annum from January 1, 2008. To the first instalhnent shall be added interest on the entire assessment from January 1, 2008 until December 31,2008. To each subsequent instalhnent when due shall be added interest for one (1) year on all unpaid installments. The City Administrator shall forthwith prepare and transmit a certified duplicate of this adjusted assessment roll to be extended on the property lists of the county. Such special assessment shall be collected and paid over in the same manner as other municipal taxes. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS \,-;..... DAYOF ~r~ ,2007. m~J~ Michelle A. Wolfe, CITY ADMINISTRATOR