HomeMy WebLinkAbout87-158 - ADMIN Resolution - City Council - 1987/10/05RESOLUTION NO. 87-158
RESOLUTION ADOPTING ASSESSMENT - IMPROVEMENT NO. 87-08: PAVING, CURB & GUTTER
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 1987
and published in the official city newspaper, the St. Louis Park Sailor, on Septem-
ber 21 1987, 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 con-
currently with general taxes levied in the year 1987, and payable in the year 1988,
and shall bear interest at the rate of nine percent per annum. To the first install-
ment shall be added interest on the entire assessment from October 1, 1987 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.
87-08
Type of Improvement Location
Paving, Curb, and Gutter
which shall be extended over a period of 20 years.
at Idaho Avenue South
from Minnetonka Blvd.
to West 29th Street
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 Council October 5, 1987
Reviewed for Administration:
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Approv was to form and execution:
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