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HomeMy WebLinkAbout6924 - ADMIN Resolution - City Council - 1981/08/17i RESOLUTION, NO. 6924 RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 80-12 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 August 4, 1981, and published in the official city newspaper, the St. Louis Park Sun, on July 29, 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 consti- tute 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 as§essment levied against it. 3. The assessment shall be payable, unless prepaid, in equal annual installments extending over theperiod of ears designated in paragraph 4. The first installment shall to payabg0,coricurrently with general taxes levied in the year 1981, and payable in the year 1982, 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 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. 80-12 Type of Improvement Street lighting Location Gorham Avenue from Library Lane to Walker Street; Republic Avenue from 2nd Street NW to Walker Street; 2nd Street NW from Republic Avenue to Gorham Avenue; 1st Street NW from Republic Avenue to Gorham Avenue which shall be extended over a period of 15 years. 5. The clerk shall transmit a certified copy of this assessment to thn 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 August 17, 1981 Reviewed for Administration: ty Manager (22 Mayor tfire4e.X.L.a Approv d as to form -4// C ty At'srney legality: