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i� <br /> 7 O� <br /> � O O <br /> ��b. - CITY of ORONO <br /> � � <br /> �� G'� RESOLUTION OF THE CITY COUNCIL <br /> - 455 « <br /> 9kESH.04�' NO. � � <br /> A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR THE <br /> NAVARRE PARKING LOT PAVING PROJECT <br /> Whereas,the City Council of the City of Orono, Minnesota has authorized completion of <br /> the Navarre Parking Lot paving project; and <br /> Whereas, the petitoner has agreed to waive any and all rights to appeal the specical <br /> assessment,with regard to any procedural or substantive rights,rights to a public hearing,rights to <br /> any notices under Minnesota Chapter 429 or any ordinances of the city,and the constitutions or laws <br /> of the State of Minnesota or the United States; and <br /> Whereas,the property owner of 3382 Shoreline Drive has requested assessment of the costs <br /> for the Navarre Parking Lot over a three year period; and <br /> . Whereas,the City has obtained from the Hennepin County Auditor,ievy number 15030 for <br /> this assessment; and <br /> `Vhereas,the City hereby authorizes and directs the Hennepin County Auditor to levy the <br /> assessment over a three year time period at an 8%interest rate.Such assessment shall be payable in <br /> equal annual installments extending over a period of 3 years, the first of the installments to be <br /> payable on or before the first Monday in January 2001 and shall bear interest at the rate of 8%per <br /> annum from the date of the adoption of this assessment resolution. To the first installment shall be <br /> added interest on the entire assessment from the date of this resolution until December 31, 2001. <br /> To each subsequent installment when due shall be added interest for one year on all unpaid <br /> installments. <br /> Therefore,Be It Resolved,that the City Council of the City of Orono, Minnesota hereby <br /> � � authorizes and directs the�County Auditor of Hennepin County to assess properties ideritified in the � <br /> attached assessment roll,made a part hereof,for the amounts appearing along with such properties, � <br /> plus eight percent(8%)interest added as directed. Said amounts to be collected along with property <br /> taxes beginning in 2001. <br /> � . <br /> Page 1 of 2 <br />