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<br />piece or parcel of land affected thereby has been duly <br />calculated upon the basis of benefits, without regard to <br />cash valuation, in accordance with the provisions of <br />Minnesota Statutes, Chapter 429, as amended, and notice <br />has been duly mailed and published, as required by law, <br />that this Council would meet to hear, consider and pass <br />upon all objections, if any, and said proposed assessment <br />has at all times since its filing been open for public <br />inspection, and an opportunity has been given to all inter- <br />ested persons to present their objections, if any, to such <br />proposed assessments. <br /> <br />2. This Council, having heard and considered all objec- <br />tions so presented, and being fully advised in the premises, <br />finds that each of the lots, pieces and parcels of land <br />enumerated in the proposed assessment as amended was and is <br />specially benefited by the construction of said improvement in <br />not less than the amount of the assessment set opposite the <br />description of each such lot, piece and parcel of land, <br />respectively, and such amount so set out is hereby levied <br />against each of the respective lots, pieces and parcels of <br />land therein. <br /> <br />3. The proposed assessments as amended are hereby <br />adopted and confirmed as the proper special assessments for <br />each of said lots, pieces and parcels of land respectively, and <br />the assessment against each parcel, together with interest at the <br />rate of 8.63% per annum accruing on the full amount thereof from <br />time to time unpaid, shall be a lien concurrent with general <br />taxes upon such parcel and all thereof. The total amount of <br />each such assessment shall be payable in equal annual principal <br />installments extending over a period of twenty (20) years, the <br />first of said installments, together with interest on the entire <br />assessment from the date hereof to December 31, 1981, to be <br />payable with general taxes for the year 1980, collectible in <br />1981, and one of each of the remaining installments, together <br />with one year's interest on that and all other unpaid install- <br />ments, to be payable with general taxes for each consecutive <br />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 City Treasurer, but no <br />interest shall be charged if such payment is made within 30 <br />days after the date of this resolution. <br /> <br />5. The City Manager shall, as soon as may be, prepare <br />and transmit to the County Auditor a certified duplicate of <br />the assessment roll, with each installment and interest on <br />each unpaid assessment set forth separately, to be extended <br />upon the proper tax lists of the County, and the County Auditor <br />shall thereafter collect said assessments in the manner pro- <br />vided by law. <br />