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HomeMy WebLinkAbout5734 - ADMIN Resolution - City Council - 1977/05/16May 16, 1977 RESOLUTION NO. 5734 A RESOLUTION ADOPTING SUPPLEMENTAL ASSESSMENT IMPROVEMENT NO. 68-12S BE IT RESOLVED by the City Council of the City of St. Louis Park as:follows: 1. Notice of hearing on this improvement was mailed on May 3, 1977, and published in the official city newspaper, the St. Louis Park Sun, on May 4, 1977, as required by Minnesota Statutes, Chapter 429, and as ordered by Council Resolution No. 5718 . The proposed supplemental assessment has at all times since the mail- ing of the notice of public hearing been open for public inspection. 2. A public hearing having been held on this date and opportunity having been given at the hearing to all persons to make known their objections to the pro- posed supplemental assessment, and the Council being fully advised of the pertinent facts, (and having amended the proposed assessment as it deems just), the proposed supplemental assessment (as amended) is adopted and shall constitute the supplemen- tal special assessment levied against the respective lands therein described at this time and each tract of land is found to be specifically benefited by the improve- ments in not less than the amount of assessment levied against it. 3. The supplemental assessment shall be payable, unless prepaid, in equal annual installments extending over the period of years designated in paragraph 4. The first installments shall be payable concurrently with general taxes levied in the year 1977, and payable in the year 1978, and shall bear interest at the rate of seven per cent per annum from.the,date of'the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this assessment until December 31 of the year in which the first installment becomes due and payable. To subsequent installments when due shall be added interest for one year on the total of all unpaid installments. No interest will be charged if the entire supplemental assessment as to any parcel is paid at the office of the City Treasurer within 30 days from the date of adoption of the supplemental assessment resolution. 4. The number of years over which installments are to be extended is 20 years. 5. The City Clerk shall transmit a certified copy of this supplemental assessment to the County Auditor to be extended on the proper tax lists of the County, and such supplemental assessments shall be collected and paid over in the same manner as other municipal taxes. Aletest. tt,S • Adopted by the City Council May 16, 19 May) Apved as to fo and legality: City Clerk Reviewed for Administration: •� _ _ hL SL~ City Manager (Acting) City torney e.