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<br /> '"�'' �� � RESOLUTION OF THE CITY COUNCIL
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<br /> ���;�yi NO. 2682
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<br /> ' . �?�q:��.���::t�.' .
<br /> A RESOLIITION ADOPTING
<br /> WOODHILL AVENiJE ASSESSMENT ROLL
<br /> WHEREAS , pursuant to proper notice duly given as
<br /> required by law, the council has met and heard and passed upon
<br /> all objections to the proposed assessment for the improvement of
<br /> Woodhill Avenue, legally described as follows: property abutting
<br /> � Woodhill Avenue and Lots 1 through 5 Woodhill Ridge in the north
<br /> 1/2 of Section 2, Township 117, Range 23 West, Hennepin County,
<br /> Minnesota,
<br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COIINCIL OF
<br /> ORONO, MINNESOTA:
<br /> 1. Such proposed assessment, a copy of which is attached
<br /> hereto and made a part hereto, is hereby accepted and shall
<br /> constitute the special assessment against the lands named
<br /> • therein, and each tract of land therein included hereby found to
<br /> be benefitted by the proposed improvement in the amount of the
<br /> assessment levied against it.
<br /> 2. Such assessment shall be payable in equal annual�
<br /> installments extending over a period of 5 years, .the first of the
<br /> installments to be payable on or before the first Monday in
<br /> January, 1990 and shall bear interest at the rate of 8 per cent
<br /> per annum from the date of the adoption of this assessment �
<br /> resolution. To the first installment shall be added interest on
<br /> the entire assessment from the date of this resolution until
<br /> December 31, 1990. To each subsequent installment when due shall
<br /> be added interest for one year on all unpaid installments.
<br /> 3. The owner , of any property so assessed may, at any time
<br /> prior to certification of the assessment to the county auditor ,
<br /> pay the whole of the assessment on such property, with interest
<br /> accrued to the date of payment, to the city treasurer, except
<br /> that no interest shall be charged if the entire assessment is
<br /> paid within 30 days from the adoption of this resolution; and he
<br /> may, at any time thereafter, pay to the city treasurer the entire
<br /> amount of the assessment remaining unpaid, with interest accrued
<br /> to December 31 , of the year in which such payment is made. Such
<br /> payment must be made before November 15 or interest will be
<br /> charged through December 31 of the next succeeding year.
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