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HomeMy WebLinkAbout6372 - ADMIN Resolution - City Council - 1979/09/24RESOLUTION NO. 6372 RESOLUTION ADOPTING ASSESSMENT jMWROVFMENT NO. 77-61 BE IT RESOLVED by the City Council of the City of St. Louis Park as follows: 1. Notice of hearing on this improvement was duly mailed on September 11, 1979, and published in the official city newspaper, the St. Louis Park Sun, on September 19,.1979, as required by Minnesota Statutes, Chapter 429, and as ordered by the City Council. 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 objec- tions to the proposed assessment, and the Council being fully advised of the pertinent facts, the -proposed assessment, as it deems just, is adopted and shall constitute the special assessment levied aginst the respective lands.therein described, and each tract of land is found to be specifically benefited by the improvements in the amount of assessment levied against it. 3. The assessment shall be payable, unless prepaid, in equal annual instalments extending over the period of years designated in paragraph 4. The first instalment shall be payable concurrently with general taxes levied in the year 1979 and payable in the year 1980, and shall bear interest at the rate of seven percent per annum from the date of the adoption of this assessment resolution. To the first instalment shall be added interest on the entire assessment from the date of this assessment until December 31 of the year in which the first instalment becomes due and payable. To subse- quent instalments when due shall be added interest for one year on the total of all unpaid instalments. No interest will be charged if the entire assess- ment as to any parcel is paid at the office of the treasurer within 30 days from the date of adoption of the assessment resolution. 4. The number of years over which instalments are to be extended is as follows: Imp. No. 77-61 Type of Improvement Location Traffic Signal and West 36th Street and Road Construction Boone Avenue. which shall be extended over a period of five years. -1- 5. The clerk shall transmit a certified copy of this assessment to the county auditor to be extended on the proper tax lists of the county, and such assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted by the City Council September 24, 197g. Attest: Ch4a)i Olg^17‘ City Clerk • ,/ // yor Approved as to form and legality: City Attorney