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HomeMy WebLinkAbout88-112 - ADMIN Resolution - City Council - 1988/09/06RESOLUTION 88-112 RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 86-30: AVING DRIVEWAY�APRONS Ti' 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 August 19, 1988 and published in the official City newspaper, the St. Louis Park Sailor, on AUGUST 22 and AUGUST 29, 1988, 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 againstbenefited by theimprovements theamount the respective therein da tract of of assessment found toobbe specifically 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 1988, and payable in the year 1989, and shall bear interest at the rate of 9 percent per annum. To the first installment shall be added interest on the entire assessment from September 6, 1988 until December 31, 1988, the year in which the assessment will be levied. For subsequent installments, interest shall be added for one year othe if total the f all unpaid installments. No interest will be ..charged as to any parcel re ssessment is paid at the Office of the Treasurer with 30 days from the date of 411111 loption of the assessment resolution. which4. The number of years over installments are to be extended is as follows: LOCATION 86-30 On the 3300 blocks of Wyoming, Xylon and Yukon Avenues IMPROVEMENT NO. TYPE OF IMPROVEMENT Paving, Curb, Gutter and Driveway Apron which shall be extended over a period of 20 years. 5. The clerk shall transmit a certified copy of this assessment to the county auditor to be extended on the proper as mel manner as other ms of the unicipal, and such taxesssessments shall be collected and paid o Adopted by the City Council September 6, 1988 W _ )414-11) City Cler Revieed for Admiistration: Acting City Manager May; Appro �to form and execution: City 4orney