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HomeMy WebLinkAbout85-148 - ADMIN Resolution - City Council - 1985/10/07RESOLUTION NO. 85-148 RESOLUTION ADOPTING ASSESSMENT - INPROVENENT NO. 85-01: ALLEY PAVING 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 24, 1985, and published in the official city newspaper, the St. Louis Park Sun/Sailor, on September 23, 1985, 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 20 years. The first installment shall be payable concurrently with general taxes levied in the year 1985, and payable in the year 1986, and shal 1 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 installments, when due, interest shall be added for one year on the total of all unpaid installments. No interest will be added if the entire assessment as to any parcel is paid at the off ice 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 85-01 Alley Paving Between Dakota Ave. So. and Edge - wood Ave. So. from 28th St. W. to 29th St. W. which shall be extended over a period of 20 years. 5. The clerk sha11 transmit a certified copy of this assessment to the county auditor to be extended on the proper tax 1 ists of the county, and such assessments shall be collected and paid over in the same manner as other munici- pal taxes. Adopted by the Atte : City Clerk Reviewed for Administration: AllyIA Manager City Council/)October 7 1985 W, M or Approved as to form and legality: City ttorney