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<br />l. The amount proper and necessary to be specially assessed <br />at this time for Combined Improvement of 1972, Series 4 against <br />every assessable lot, piece or parcel of land affected thereby <br />has been duly calculated upon the basis of benefits, without <br />regard to cash valuation, in accordance with the provisions of <br />Minnesota Statutes, Chapter 429, as amended, and notice has been <br />duly mailed and published, as required by law, that this Council <br />would meet to hear, consider and pass upon all objections, if any, <br />and said proposed assessment has at all times since its filing <br />been open for public inspection, and an opportunity has been given <br />to all interested persons to present their objections, if any, to <br />such proposed assessments. <br /> <br />2. This Council, having heard and considered all objections <br />so presented, and being fully advised in the premises, finds that <br />each of the lots, pieces and parcels of land enumerated in the <br />proposed assessment as amended was and is specially benefited by <br />the construction of said improvement in not less than the amount <br />of the assessment set opposite the description of each such lot, <br />piece and parcel of land, respectively, and such amount so set out <br />is hereby levied against each of the respective lots, pieces and <br />parcels of land therein. <br /> <br />3. The proposed assessments as amended are hereby adopted <br />and confirmed as the proper special assessments for each of said <br />lots, pieces and parcels of land respectively, and the assessment <br />against each parcel, together with interest at the rate of 8% per <br />annum accruing on the full amount thereof from time to time unpaid, <br />shall be a lien concurrent with general taxes upon such parcel and <br />all thereof. The total amount of each such assessment shall be <br />payable in equal annual principal installments extending over a <br />period of twenty (20) years, the first of said installments, to- <br />gether with interest on the entire assessment from the" date hereof <br />to December 31, 1974, to be payable with general taxes for the <br />year 1973, collectible in 1974, and one of each of the remaining <br />installments, together with one year's interest on that and all <br />other unpaid installments, to be payable with general taxes for <br />each consecutive year thereafter until the entire assessment is paid. <br /> <br />4. Prior to certification of the assessment to the County <br />Auditor, the owner of any lot, piece or parcel of land assessed <br />hereby may at any time pay the whole of such assessment, with <br />interest to the date of payment, to the Village Treasurer, but <br />no interest shall be charged if such payment is made within 30 days <br />after the date of this resolution. <br /> <br />-10- <br />