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<br />e <br /> <br />I <br /> <br />e <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF ARDEN HILLS <br /> <br />RESOLUTION 97-14 <br /> <br />A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL <br /> <br />WHEREAS, upon due notice properly made as required by law, the Arden Hills City Council has <br />met and heard and passed upon all objections to the proposed assessment for the 1997 <br />Street Improvement and has determined the amount to be assessed against each <br />individual property as the Council deems just; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, <br />Minnesota: <br /> <br />1. The final assessment roll, a copy of which is attached hereto and incorporated herein by this <br />reference, is hereby accepted and adopted and shall constitute the special assessment against the <br />lands therein named. Each such tract of land in the assessment roll is hereby found to be <br />benefitted by the improvement in an amount not less than the amount of the assessment levied <br />against it. <br /> <br />2. Such assessment shall be payable in equal annual installments, including both principal and <br />interest, amortized in such amount annually as is required to pay the principal with interest at 8 % <br />over a period of five years for those assessments less than $3,500.00 in value. <br /> <br />3. The owner of any property so assessed, may, at any time prior to certification to the County <br />Auditor of the assessment or the first installment thereof, pay to the City Treasurer the whole of <br />the assessment on such property, with interest accrued to the date of payment; except that no <br />interest shall be charged if the entire assessment is paid within 30 days after the adoption of this <br />Resolution. Prepayment may also be made after the certification of the assessment or first <br />installment thereof by paying to the City Treasurer/County Auditor the entire amount of the <br />assessment remaining unpaid with interest. In the case of a payment made before November 15, <br />interest will be calculated through December 31 of the year in which payment is made. If payment <br />is made after November 15, interest will be calculated through December 31 of the next succeeding <br />year. <br /> <br />4. The City Administrator shall transmit to the County Auditor a certified duplicate of the attached <br />assessment roll to be extended on the property tax lists o~ e County. Such assessment shall be <br />collected and paid over in the same manner as other mu ipal taxes. <br />f <br /> <br />PASSED AND ADOPTED BY THE CITY COUNCIL ~/ k C OF ARDEN HILLS THIS <br />31st DAY OF MARCH, 1997. <br /> <br /> <br /> <br />Administrator <br /> <br />520/080-2404.mar /-"" <br />CL /95 ,"'-7A I I;;'\p '-I _j _"i7<;;{ii <br />