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HomeMy WebLinkAbout6548 - ADMIN Resolution - City Council - 1980/05/05RESOLUTION NO. 6548 RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT ii0S. 77-11C and 78-48 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 April 21, 1980, and published in the official city newspaper, the St. Louis Park Sun, on April 30, 1980, as required by the 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 against the respective lands therein described, and each tract of land is found to be specifically benefitted by the improvements in the amount of assessment levied against it. 3. The assessment shall be payable, unless prepaid, in equal annual installments extending over the period of years designated in paragraph 4. The first installment shall be payable concurrently with general taxes levied in the year 1980 and payable in the year 1981, 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 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 subse- quent 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 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 installments are to be extended is as follows: Imp. No. Type of Improvement Location 77-11C & 78-48 Street Lighting Vernon/Highway 12/ Cedar Lake Road which shall be extended over a period of 10 years. 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 May 5, 1980. Attest: 2-57ec etzi Reviewed for Administ .tion: Approved as to form and legality: City Manager (Acting) -2- i /d 111 ity ,attorney