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'�,� �h,� RESOLUTION OF THE CITY COUNCIL �
3 � � 2 �
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L�k'ES�I�g'� NO. �
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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 �
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! ;�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 ;
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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: �
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� 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
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� against it.
i Z, �uch assessment shail be payable in equal annuai installments extenc�liag over a
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� 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. �
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