HomeMy WebLinkAbout89-146 - ADMIN Resolution - City Council - 1989/10/02RESOLUTION NO. 89-146
RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 86-11
SOUTH OAK POND STORMWATER DETENTION FACILITY EXPANSION
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 19,
1989 and published in the official City newspaper, the St. Louis Park Sailor,
on September 20, 1989 and September 27, 1989 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 1989, and
payable in the year 1990, 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 October 1, 1989 until December 31, 1989, the year in which the
assessment will be levied. For subsequent installments, interest shall be
added for one year on the total of all unpaid installments. No interest will
be charged as to any parcel if the entire assessment is paid at the Office of
the Treasurer within 30 days from the date of the 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
86-11 SOUTH OAK POND STORMWATER WEST LAKE STREET
DETENTION FACILITY EXPANSION AND TAFT AVENUE
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 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 Oct;ber 2, 198.
Attes
City Clerk
Reviewed r Administration:
City Manager
Mayo
ApprsStod execution:
City Aorney