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. . ' > . - . . � � . {..� . . .. i r:v_ . � , ... .,'it,;.r . ' �. f • . � �. � �,r , '�t. , n.: n , ' �'� O� � � * . �� � . � . _ � � TY of ORONO °: �- CI . � ,. � ,�,� i: '�,� �h,� RESOLUTION OF THE CITY COUNCIL � 3 � � 2 � i � L�k'ES�I�g'� NO. � i � i A ItESOLUTION ADO�ING THE ASSES5ME1�1'� R� G�w�� 2 TRUNK HI � yIYIPR�VENiE�NI� 6 0 �T NORTH Ol� WI,LLOW DRI�E � , . � , � ! ;�en as re uired b law, the council has ; wg�gEA,S, pursuant to proper notice duly g' ' 9 Y ' met and heard and passed upon all objections to the pr�posed assessment for the improvement ; � � of the intersection of Trunk Highway 12 and 650 feet north on Willow Drive. i � NOW 'THEItEFORE, BE IT ItESOLVEI� B'�' T�IE CgTY COUN�YIL. �3� t�n�N�, � MINi�1ES0'TA: � i I � 1, �uch proposed assessment, a copy of wlzich is attached hereto and macle a par i hereof, is hereby accepted and shall consiitute the special assessment agair�st the � lands named therein, and each tract ef iund therein incladed is hereUy found to ' '� Ue beiletited by th��roposed improvement in th��mount of the assessmcnt levied i � against it. i Z, �uch assessment shail be payable in equal annuai installments extenc�liag over a I � period of 15 years, the first of the installments to be pavable on or before the irst � Monday in January, 1996 and shall be�r interest at the rat.e of 6.5 per cent per aniium from the date of the adoption of tY•�is �ssessment resolution. TQ thc first installment �hall be added interest on To each subseq ent�installment when due resolution uLxtil Dece�r�ber 31, 1996. shall be added interest for one year on all unpaid installments. , wner of an rop�rty so assessed may, at any �ime pr��r to certification of ; . 3. The o , Y P I the assessment to the cour�ty auditor, pay th.e whole or thz assessment on such � , property, with interest accrued to the date r,t payment, to the city treasurer, � except that no interest shall be charged if the entire assessment is paid within 30 ! days from the adoption o�this resolation; and he nay thereafter pay tu �l:e county � treasurer the installment and interest in process oi collection on the current tax � list, and he may pay the remaining principai t�alance r�f the assessment to the city treasurer. Sucl� payment mu�t be made before November 15 or interest v✓ill be � charged through �ecember 31 of the next succeeding y�ar. � f ' � . ; '� �� . ; � I I. --