HomeMy WebLinkAbout98-45 - ADMIN Resolution - City Council - 1997/03/02RESOLUTION NO. / O 0 4 5
RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 97-01, STREET MILL AND
OVERLAY AND RANDOM CURB AND GUTTER REPAIR ON WEST 35TH STREET FROM
RALEIGH AVENUE TO TRUNK HIGHWAY 100
BE IT RESOLVED by the City Council of the City of St. Louis Park as follows
1 Notice of heanng on this improvement was duly mailed on February 17, 1998 and published in the
official city newspaper, the St Louis Park Sailor„ on February 18, 1998 and February 25, 1998 as
required by Minnesota Statutes, Chapter 429
2 A public hearing having been held on this date and opportunity having been given at the heanng 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 descnbed, 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, m equal annual installments extendmg over the
period of 20 years. The first installment shall be payable concurrently with general taxes levied m the year
1998, and payable m the year 1999 , and shall bear interest at the rate of 7 percent per annum. To the
first installment shall be added mterest on the entire assessment from December 1, 1998 until December 31,
1998, the year m which the assessment will be levied. For subsequent installments, mterest shall be added
for one year on the total of all unpaid mstallments. No mterest 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 adoption of the assessment
resolution.
4 The number of years over which mstallments are to be extended is as follows:
IMPROVEMENT NO. TYPE OF IMPROVEMENT LOCATION
97-01 STREET REHABILITATION W 35TH STREET FROM RALEIGH
AVENUE TO TRUNK HWY 100
which shall be extended over a penod 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 m the same manner as
other municipal taxes.
Adopted b the Ci Coc> cil MARCH 2, 1997
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Att st:
City Clerk
Revie ; • dfor Adm strati()
ity Manager
Mayor