City Council Resolution 1990-42RESOLUTION 90- 42
RESOLUTION ADOPTING ASSESSMENT ROLL
WHEREAS, pursuant to proper notice duly given as required by law,
the Council has met and heard and passes upon all objections to the
proposed assessment for the improvement of Crocus Lane and Crocus
Circle within the Meadows 2nd Addition with sanitary sewer, water
main, curb and gutter, bituminous paving, and appurtenant work.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA:
1. Such proposed assessment, a copy of which is attached hereto
and made a part hereof, is hereby accepted and shall
constitute the special assessment against the lands named
therein and each tract of land therein included and hereby
found to be benefited by the proposed improvements in the
amount of the assessment levied against it.
2. Such assessments shall be payable in equal annual installments
extending over a period of five years, the first of the
installments to be payable on or before the first Monday in
January 1993 and shall bear interest at the rate of 8.125
annum from the date of the adoption of this assessment
resolution. To the first installment shall be added interest
on the entire assessment from the date of this resolution
until December 31, 1992. To each subsequent installment when
due shall be added interest for one year on all unpaid
installments.
3. The owner of any property so assessed may, at any time prior
to certification of the assessment to the county auditor, pay
the whole of the assessment on such property with interest
accrued to the date of payment to the City Treasurer, except
that no interest shall be charged if the entire assessment is
paid within 30 days from the adoption of this resolution; and
he may, at any time thereafter, pay to the City Treasurer the
entire amount of the assessment remaining unpaid, with
interest accrued to December 31 of the year in which such
payment is made. Such payment must be made before November 15
or interest will be charged through December 31 of the next
succeeding year.
4. The clerk shall forthwith transmit a certified duplicate of
this assessment to the county auditor to be extended on the
property tax lists of the county. Such assessments shall be
collected and paid over in the same manner as other municipal
taxes.
Adopted by the Council this 9th day of Oc er 990.
.-2-
Ma or
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City Admi 'strator