Loading...
HomeMy WebLinkAbout7478 - ADMIN Resolution - City Council - 1983/10/03r Replacement RESOLUTION NO. 7478 RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 82-32 STREET LIGHTING - LOUISIANA AVENUE SOUTH, WEST 29TH STREET TO CEDAR LAKE ROAD 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 20, 1983, and published in the official city newspaper, the St. Louis Park Sun, on September 14, 1983, 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 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 15 years. The first installment shall be payable concurrently with general taxes levied in the year 1983, and payable in the year 1984, and shall bear interest at the rate of nine 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 the assessment until December 31 of the year in which the first installment becomes due and payable. To subsequent installments, when due, interest shall be added 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: Improvement No. Type of Improvement Location 82-32 Street Lighting Louisiana Avenue South, West 29th Street to Cedar Lake Road which shall be extended over a period of 15 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 Coun it October 3, 1983 W, At est: -)/4AJU ity Clerk Reviewed fo�r�f�iAdministration: ity Manager Ma, r Approved as to form and legality: City Aorney