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<br /> <br />tervi{{e <br /> <br />'EstaJj{jshed- 1857 <br /> <br />1880 9rlain Street, Centerviffe, 'M!N 55038 <br />651-429-3232 or <F~ 651-429-8629 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br /> <br />Res. #08-0 <br /> <br />A RESOLUTION ADOPTING SPECIAL ASSESSMENTS ON IMPROVEMENTS <br />ASSOCIATED WITH A PORTION OF OLD MILL ROAD AS OUTLINED <br />BELOW <br /> <br />WHEREAS, pursuant to proper notice duly given as required by law, the council has met <br />and heard and passed upon all objections to the proposed assessment for improvement of <br />Old Mill Road from a point approximately 200 feet north of Revoir Street to the north <br />city limits by installation of watermain, sanitary sewer, street pavement, curb, storm <br />sewer and related drainage improvements, <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />CENTERVILLE,MINNESOTA, <br /> <br />1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, <br />is hereby adopted and shall constitute the special assessment against the lands named <br />therein, and each tract of land therein included is hereby found to be benefited by the <br />improvement in the amount of the assessment levied against it. <br /> <br />2. Such assessment shall be payable in annual installments extending over a period of 15 <br />years, the first installment to be payable on or before the first Monday in January, 2009 <br />and shall bear interest at the rate of 5.5 percent per annum from the date of the adoption <br />of this assessment resolution. Each installment shall include interest to December 31, of <br />the year of collection. <br /> <br />3. The owner of any property so assessed may , at any time prior to certification of the <br />assessment to the county auditor, pay the whole or part of the assessment on such <br />property with interest accrued to the date of payment, to the City Administrator, except <br />that no interest shall be charged on any amount paid within 30 days of the adoption of <br />this resolution; and he may at any time thereafter, pay to the Administrator the entire <br />amount of the assessment remaining unpaid, with interest accrued to December 31 of the <br />year in which such payment is made. Such payment must be made before November 15 <br />or interest will be charged to December 31 of the next succeeding year. <br />