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RESOLUTION #460 <br />A RESOLUTION ADOPTING AND CONFIRMING <br />ASSESSMENTS FOR SANITARY SEWER IMPROVEMENT 1971 LS -1 <br />DUNWOODY SEWER <br />BY IT RESOLVED by the Village Council of the Village of Orono, <br />Minnesota, as follows: <br />1. The amount proper and necessary to be specially assessed at <br />this time for Sanitary Sewer Improvement 1971LS-1, (said Improvement for <br />Dunwoody Sewer) against every assessable lot, Piece or parcel of land <br />affected thereby has been duly calculated upon the basis of benefits, with- <br />out regard to cash valuation, in accordance with the provisions of Minnesota <br />Statutes, Chapter 429, and notice has been duly published, as required by <br />law, that htis Council would meet to hear, consider and pass upon all <br />objections, if any, and said proposed assessment has at all times since <br />its filing been open for public inspection, and an opportunity has been <br />given to all interested persons to present their objections, if any,, to <br />such proposed assessments (and said proposed assessment has been amended <br />as to certain parcels of land, -by resolution duly adopted this date). <br />2. This Council, having heard and considered all objections so <br />presented, and being fully advised in the premises, finds that each of the: <br />lots, pieces and parcels of land enemer.ated in the proposed assessment <br />(as so amended) was and is specially benefited by the construction of <br />said improvement in not less than the amount of the assessment set opposite <br />the description of each such lot, piece and parcel of land, respectively, <br />and such amount so set out is hereby levied against each of the respective <br />lots, piece and parcel of land,, respectively, and such amount so set out <br />is hereby levied against ea.ch of the respective lots, pieces and parcels of. <br />land therein described. <br />3. The proposed assessments (as amended) are hereby adopted and <br />confirmed as the proper special assessments for each of said lots, pieces <br />and parcels of land ,respectively, acid the assessment against each parcel, <br />together with interest at the rate of 8% per annum accruing on the full <br />amount thereof from time to time unpaid, shall be a lien concurrent with <br />general taxes upon such parcel and all thereof. The total amount of each <br />such assessment shall be payable in equal annual principal installments <br />extending over a period of 15 years, the first of said installments, <br />together with interest on the entire assessment from October 1, 1972 to <br />December 31, 1973, to be payable with general taxes for the year 1973, <br />payable in 1973, and one of each of the remaining installments, together <br />with one year's interest on that and all other unpaid installments to be <br />payable with general taxes for each consecutive year thereafter until the <br />entire assessment is paid. <br />t}. Prior to certification of the assessment to the County Auditor, <br />the owner of any lot, piece or parcel of land assessed hereby may at;tany <br />time'pay the whole of such assessment, with interest to the date of pay- <br />ment, to the Village Treasurer, but no interest shall be charged if such <br />payment is made within 30 days after the date of this resolution. <br />