HomeMy WebLinkAbout84-159 - ADMIN Resolution - City Council - 1984/10/01RESOLUTION NO. 84-159
RESOLUTION ADOPTING ASSESSMENT - IMPROVEMENT NO. 83-26:
TRAFFIC SIGNAL - OTTAWA AVENUE & HIGHWAY 7
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 l$
1984, and published in the official city newspaper, the St. Louis Park Sun/Sailor, on
September 17, 1984, 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 shal 1 be payable, unless prepaid, in equal annual instal-
lments extending over the period of 5 years. The first installment shall be payable
concurrently with general taxes levied i n the year 1984, and payable in the year
1985, and shall bear interest at the rate of nine percent per annum from the date of
adoption of the 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
instal lments, when due, interest shal 1 be added for one year on the total of al l
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 adopted
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
83-26 Traffic Signal The intersection at Highway 7 and
Ottawa Avenue South.
which shall be extended over a period of 5 years.
6. The clerk sha 1 1 transmit a certified copy of this assessment to the
county auditor to be extended on the proper tax 1 i sts of the county, and such
assessments shall be collected and paid over in the same manner as other munici-
pal taxes.
Adopted by the City Councib October 17�� 1984
W.
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City C1
LReviewed for -Administration:
5kty Manager
Appr ved as to for and legality:
City Aftorney