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HomeMy WebLinkAbout93-41 - ADMIN Resolution - City Council - 1993/05/03r 93-41 RESOLUTION NO. RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 90-22 PAVING,CURB,GUTTER, STORM SEWER,DRIVEWAY APRONS 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 April 19, 1993 and published in the official City newspaper, the St Louis Park Sailor, on April 21, 1993, 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 1993, and payable in the year 1994 , 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 June 4, 1993 until December 31, 1993, 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 for any parcel if the entire assessment 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. TYPE OF IMPROVEMENT LOCATION 90-22 Street Reconstruction W. 28th St.from Jordan Ave. east to cul-de-sac. 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 in the same manner as other municipal taxes. Attestvfams4 City Clerk Review for dmini r tion: Ci Manages Adopted by the City Council May 3, 1993. 6%) /04 Appreed aso orm ,a4d execut i on : CityAttorney