HomeMy WebLinkAbout6894 - ADMIN Resolution - City Council - 1981/07/20RESOLUTION NO. 6894
RESOLUTION ADOPTING ASSESSMENT
IMPROVEMENT NO. 79-44
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 July 7,
1981, and published in the official city newspaper, the St. Louis Park Sun,
on July 1, 1981, as required by Minnesota Statutes, Chapter 429.
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 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 benefited 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 1981, and payable in the year 1982, and shall bear interest at the
rate of not more than nine 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 31st
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 assessment 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 Inmprovenient Location
79-44 Traffic signal revision The intersection of Aquila Avenue
and roadway rechannelization and West 37th Street
which shall be extended over a period of 5 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 July 20, 1981
est:
ity Clerk (75.4"4141
44,
Reviewed for Administration:
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Mayor
Approved as to form and legality:
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City Attorney J