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<br />R~SOLUTION ADOPTING ASS~SSM~NT <br /> <br />WH~R~AS, pursuant to proper notice duly given as required by law, <br />the Council has met and heard and passed upon all objections to <br />the proposed assessment for Improvement #80-1, County Road d21 <br />from Main Street to a point 340 feet North of Main Street. <br /> <br />NOW TH~REFOR~, B~ IT R~SOLV~D BY THE CITY COUNCIL OF CnNT~RVILL~, <br />MINNESOTA: <br /> <br />1. Such proposed assessment, a copy of which is attached hereto <br />and made a part hereof, is hereby accepted and shall constitute <br />the special assessment against the lands named therein, and each <br />tract of land therein included in hereby found to be benefited <br />by the proposed improvement in the amount of the assessment levied <br />against it. <br /> <br />2. Such assessment shall be payable in equal annual installments <br />extending over a period of ten (10) years, the first of the <br />installments to be payable on or before the first Monday of January, <br />1982, and shall bear interest at the rate of 9.5% per cent annum <br />from the date of the adoption of this assessment resolution. To <br />the first installment shall be added interest on the entire assess- <br />ment from the date of this resolution until December 31, 1982. To <br />each subsequent installment when due shall be added interest for <br />one year on all unpaid installments. <br /> <br /> <br />3. The owner of any property so assessed may, at any time prior <br />to certification of the assessment to the county auditor, pay the <br />whole of the assessment on such property, with interest accrued to <br />the date of payment, to the city treasurer, except that no interest <br />shall be charged if the entire assessment is paid within 30 days <br />from the date of adoption of this resolution; and he may, at any <br />time thereafter, pay to the city treasurer the entire amount of <br />the assessment remaining unpaid, with interest accrued to December <br />31 of the year in which such payment is made. Such payment must be <br />made before November 15 or interest will be charged through <br />December 31 of the next succeeding year. <br /> <br />4. The clerk shall forthwith transmit a certified duplicate of <br />this assessment to the county auditor to be extended on the proper <br />tax lists of the county, and such assessments shall be collected <br />and paid over in the same manner as other municipal taxes. <br /> <br />Adopted by the council this 9th day of ~=Ptember, t. <br /> <br />) (1 A -A-..d /... A"-.eL<~ <br />--) YOR- <br />~/ <br />,,'/C.C(-( A -ez A.._~ <br />CITY CLERK <br />