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r^ , <br /> � <br /> a• ,,R� .>. <br /> � O " � <br /> • O O <br /> ��A. - CITY of ORONO - <br /> � ' ti . <br /> '�' � RESOLUTION OF THE CITY COUNCIL � <br /> �. � . ��`9gE Hp4�'G � � NO. 4 ��0 6� . . .. � . <br /> S <br /> A RESOLUTION A.DOPTING THE <br /> SHORELINE DRIVE,HERITAGE DRIVE AND HERTTAGE LANE AREAS <br /> SArTITARY SEWER ASSESSMENT ROLL <br /> WI-�REAS, pursuant to proper notice duly given as required by law,the Council has met <br /> and heard and passed upon all objections to the proposed assessment for the improvement of sanitary <br /> sewer in the Shoreline Drive, Heritage Drive and Heritage Lane areas. <br /> NOW,T�IEREFORE,BE IT RESOLVED,by the City Council of Orono,Minnesota: <br /> 1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is <br /> hereby accepted and shall constitute the special assessment against the lands named therein, <br /> and each tract of land therein included is hereby found to be benefitted by the proposed <br /> � improvement in the amount of the assessment levied against it. . . <br /> • 2. Such assessment shal�be payable in equal annual installments extending over a period of 15 <br /> years, the first of the installments to be payable on or before the first Monday in January <br /> 1998 and shall bear interest at the rate of 8%per annum from the date of the adoption of this <br /> assessment resolution. To the first installment shall be added interest on the entire <br /> assessment from the date of this resolution until December 31, 1998. To each subsequent <br /> installment when due shall be added interest for one year on all unpaid installments. <br /> 3. The owner of any property so assessed may, at any time prior to certification of the <br /> assessment to the County Auditor,pay the whole of the assessment on such property,with <br /> interest accrued to the date of payment,to the City Treasurer, except that no interest shall be <br /> charged if the entire assessment is paid within thirty (30) days from the adoption of this <br /> � resolution; and he may, at anytime thereafter,pay to the City Treasurer the entire amount of . <br /> � � � the assessment remaining unpaid,wifih interest accrued to December 31 of the year in which . <br /> � such payment is made. �Such payment must be made before November 15 or interest will be <br /> charged through December 31 of the next succeeding year. Partial prepayment may be <br /> allowed in accordance with ordinances which aze existing or which the Cifiy may choose to <br /> adopt in the future. <br />�� Page 1 of 2 � <br />