City Council Resolution 1982-61RESOLUTION ADOPTING ASSESSMENT
FOR PUBLIC IMPROVEMENT 82-1
RESOLUTION 1982 #61
WHEREAS, pursuant to proper notice duly given as required by law,
the Council has met and heard and passed upon all objections to
the proposed assessment for the improvement of 7th Street between
Trunk Highway 25 and Cedar Street on the construction of hard
surfacing, curb and gutters and other 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 is hereby found to be benefited by the im-
provement in the amount of the assessment levied
against it.
2. Such assessment shall be payable in equal annual in-
stallments extending over a period of ten (10) years.,
the first of the installments to be payable on or be-
fore the first Monday in January, 1984, and shall bear
interest at the rate of 9~ ~ 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, 1983. To each subsequent install-
ment 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 prop-
erty, 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 31st of the year in which such pay-
ment is made. Such payment must be made before Nov-
ember 15th or interest will be charged through Dec-
ember 31st of the next succeeding year.
4. The City Administrator shall forthwith transmit a certi-
fied duplicate of this assessment to the County Auditor
to be extended on the proper tax lists of the County, and
such assessments shall be collected and paid over in the
same manner as other municipal taxes.
Adopted by the City Council on this 13th day of December, 1982.
Arve A. Grimsmo, Mayor
ATTEST:
Thomas A. Eidem
City Administrator