HomeMy WebLinkAbout02-051 - ADMIN Resolution - City Council - 2002/05/06•
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RESOLUTION NO. 02-051
RESOLUTION ADOPTING ASSESSMENT FOR
ALLEY PAVING IMPROVEMENT PROJECT
IN THE 4000 BLOCK BETWEEN
TOLEDO AVENUE AND UTICA AVENUE.
BE IT RESOLVED by the City Council of the City of St. Louis Park as follows:
1. Notice of hearing on this improvement project was duly mailed on March 1, 2002
and published in the official City newspaper, the St. Louis Park Sailor, on March 6, 2002 and
March 13, 2002 as required by Minnesota Statutes, Chapter 429
2 A public heanng 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 dust 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 2002, and payable in the year 2003 , and shall bear interest at the
rate of 6.75 percent per annum. To the first installment shall be added interest on the entire
assessment from November 1, 2002, until December 31, 2002, 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 location of the construction improvement over which installments are to be
extended for a period of 20 years is as follows:
Project Number Improvement
02 -XX Alley Paving 4000 block between Toledo and Utica Avenues.
Location
5. The Assessor's Office 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 oyer in the same manner as other mun2pal- axes.
Revi wed for Administration.Adopted/1;y the ity Co cil May 6, 2002
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City Manager May
Attest.
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y Clerk