HomeMy WebLinkAbout85-53 - ADMIN Resolution - City Council - 1985/05/06RESOLUTION NO. 85-53
RESOLUTION ADOPTING ASSESSMENT - IMPROVEMENT NO. 78-10A:
TRAFFIC SIGNAL - WEST 36TH STREET AND PARK CENTER BOULEVARD
rBE 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 April 23, 1985,
and published in the official city newspaper, the St. Louis Park Sun/Sailor, on April
22, 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 instal-
lments
nsta1-
lments extending over the period of 5 years. The first installment shall be payable
concurrently with general taxes levied i n the year 1985, and payable in the year
1986, 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 October 1, 1985 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 install-
ments. No interest will be charged if the entire assessment as to any parcel is paid
at the office of the treasurer on or before September 30, 1985.
4. The number of years over which installments are to be extended is as
Wo 11 ows:
Improvement No. Type of Improvement Location
78-10A Traffic Signal
W. 36th Street and Park Center Blvd.
which shall be extended over a period of 5 years.
6. The clerk shal l 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 munici-
pal taxes.
Adopted by the City Council May 6, 1985
Attest:
( /" �
i y C 1 erk
keviewed
for Administration:
y Manager C.)
Approved as to form and legality:
City rorney
1
W.
PC