HomeMy WebLinkAbout98-85 - ADMIN Resolution - City Council - 1998/06/1598-85
RESOLUTION NO.
RESOLUTION ADOPTING ASSESSMENT IMPROVEMENT NO. 98-06,
SIDEWALK CONSTRUCTION AND STREET LIGHTING
AT LOUISIANA COURT.
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 May 5, 1998 and published
in the official city newspaper, the St_ Louis_Park_Sailor, on May 6, 1998 and May 13,
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
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 15 years. The first installment shall be payable concurrently with general
taxes levied in the year 1998, and payable in the year 1999 , and shall bear interest at the rate
of 7.15 percent per annum. To the first installment shall be added interest on the entire
assessment from November 1, 1998, 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 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
98-06 SIDEWALK CONSTRUCTION 2700 BLOCK OF
STREET LIGHTING LOUISIANA COURT
which shall be extended over a period of 15 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
Attest.
Ci Clerk
Revie ed for Administration:
ity Manager
Apted by the City Council June 15, 1998
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Mayor
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