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86-028 - 05-06 Adopting Assessment for Public Improvement 85 SS 2 Resolution 86-28 P�ay 6, 1986 Member Johnson introduced the following resolution and moved its adoption: RESOLUTION ADOPTIPJG AND COFdFIRMING ASSESSMENT FOR PUBLIC IMPROVEMENT 85 SS 2 1. The amount proper and necessary to be specially assessed at this time for public improvement: Interest First Year Total Project Years Rate Levy Assessed 85 SS 2 - Tolg Addition 5 8qo 1986/87 $2,593.38 against every assessable lot, piece, or parcel of land affected thereby has been duly calculated upon the basis of benefits, without, regard to cash valuation, in accordance with the provisions of t�innesota Statutes, Chapter 429, and notice has been duly published, as required by law that this Council would meet to hear, consider and pass upon all objections, if any, and said proposed assessment has at all time since its filing been open for public inspection and an opportunity has been given to all interested persons to present their objections, if any, to such proposed assessment. 2. This Council , having heard and considered all objections so presented, and being fully advised in the premises, finds that each of the lots, pieces and parcels of land enumerated in the proposed assessment was and is specially benefited by the construction of said improvement in not less than the amount of the assessment set opposite the description of each such lot, piece and pa rcel of land respectively, and such amount so set out is hereby levied against each of the respective lots, pieces and parcels of land therein described. 3. The proposed assessment is hereby adopted and confirmed as the proper special assessment for each of said lots, pieces and parcels of land respectively, and the assessment against each parcel , together with interest at the rate of 8% per annum accruing on the full amount thereof unpaid, shall be a lien concurrent with general taxes upon parcel and all thereof. The total amount of each such assessment shall be payable in equal annual principal installments extending over a period of years, as indicated. The first of said installments, together with interest on the entire assessment for a full year, will be payable with general taxes for the year of 1986, collectible in 1987, and one of each of the remaining installments, together with one year's interest on that and all other unpaid installments, will be payable with general taxes for each consecutive year thereafter until the entire assessment is paid. 4. Prior to certification of the assessment to the County Auditor, the owner of any lot, piece or parcel of land assessed hereby may at any time pay the whole such assessment, with interest to the date of payment, to the City Treasurer, but no interest shall be charged if such payment is made within 30 days after the date of this resolution. 5. The City Clerk shall , as soon as may be, prepare and transmit to the County Auditor a certified duplicate of the assessment roll , with each installment and interest on each unpaid assessment set forth separately, to be ext ended upon the proper tax lists of the County and the County Auditor shall thereafter collect said assessment in the manner provided by law. Resolution 86-28 - Continued P�ay 6, 1986 �.� 1 ,; ary E nderson, hlayor ATTEST: � � ' �� � - ����,,(,� Nall , Deputy Ci y Clerk T e motion for the adoption of the foregoing resolution was seconded by Member Stockman and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Bakken, Johnson and Stockman; and the following voted against the same: Thompson, whereupon said resolution was declared duly passed and adopted, signed by the P9ayor and her signature attested by the Deputy City Clerk.