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RESOLUTION #363 A RESOLUTION ADOPTING ASSESSMENT FOR 1969LS-1 WHEREAS, proper notice of hearing has been duly given`as required by law, by publication in the Mound-Westonka Minnetonka Sun on September 10, 1970, and. WHEREAS, the Clerk -Administrator has caused notice of the hearing on the proposed assessment to be served upon all persons owning property affected thereby by mailing a copy of such notice or personal service thereof, in accordance with Resolution #359, passed on August 24, 1970, the Village Council has met and heard and passed upon all ,objections to the proposed assessment for the following improvement: Imp. No. Nature 1969LS-1 Construction of All that land abutting, adjacent to Sanitary Sewer or in the vicinity of the following ..Laterals streets and described property: Shorehills Plat ,.: Registered Land Survey 131 Also that property abutting the W side of Old Beach Road from County Road #19 to the N limits, and on the N side of County Road #19 from Old Beach Road to Wly to a point NWly- along said County Road #19 for approximately 800 feet. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF ORONO, MINNESOTA: 1. Such proposed assessment for said improvement, a copy of which is attached hereto and made a part hereof, is adopted and shall constitute the special assessment hereby levied against the respective land's therein describedq an.d_.e.ach tract of land therein included and assessed is hereby found to be benefited by the proposed improvement in,.the.�amount of the- assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of 15 years, the first installment to be payable concurrently with general taxes levied in the year 1971 and payable in the year 1971 and shall bear interest at the rate of eight percent (80) per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this assessment until December 31st of the year in w.hi•ch-such first installment becomes. due and payable. To each subsequent, -installment when due, shall be added interest for one year on the, total- of,_ &1.l. unpaid, installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the Village Treasurer, except that no .interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafter pay to the County Treasurer the entire amount of the