City Council Resolution 1990-50RESOLUTION ADOPTING ASSESSMENT ROLL
PROJECT 90SW-1
RESOLUTION 90- 50
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 of the improvements of various sidewalks within
the City of Monticello's Grid System.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA:
1. Such proposed assessments, 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 benefit d tbyfthen proposed mprovement in rthe
found to be
amount of the assessment levied against it.
2. Such assessments against improved property shall be payable in
equal annual installments extending over a period of 5 years,
the first of the installments to be payable on or before the
first Monday in January, 1992, and shall bear the interest
rate of 8.125 per annum from the date of the adoption of this
assessment res added n interests for boneu year nova all nunpaid
due shall b
assessments.
3. The owner of any property so assessed may, at any time prior
pay
to certification of the assessment to roe ert nty~athlinterest
the whole of the assessment on such p p Y~
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 assesments shall be
collected and paid over in the same manner as other municipal
taxes.
Adopted by the Council this 13th day of Novemb , 19
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City Admi istrator
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