City Council Resolution 1978-13~' RESOLUTION ADOPTING ASSF~SMIIVT ROLLS FOR
1977-1 and 1977-2 IMPROVII~NT PROJECT S
WHEREAS THE City Council of Monticello Minnesota held a public
hearing on October 2, 197$ in accordance with Minnesota
Statutes 429.061
WK~:~i~ notice of said meeting was published i.n the.Monticello Times,
the official newspaper for the City of Monticello, on Septerribar 11~Z 197$
W~_i;.~:A notice of said meeting was mailed to .owners of parcels proposed
for assessments on September 11,., 197$
It is hereby resolved by the City Council of Monticello to adopt the
assess:-~et roll for the above mentioned project and certify the same to
the Cou::'.,yr Auditor for collection. Official copy of assessment roll is
on file :with the city clerk.
It i~~ further resolved to spread said assessment roll over .twenty (20) years
with cq~.r~l principal payments and interest at the rate of six and three-
quarters percent (6 3/4~) on unpaid principal balance.
It ,~ ~ ;~' sc further r:~solved that to the first annual assessment
insta' ~_:~,~ ~~-~ .Till be added interest f.'rom October 3, 197$
U
to December 31, 1979•
Ric:: ~. 'cry _Gene Walters
, seconded by Philip White
to adopt above resolution.
.._ _ ~_. ':,y-or; Johnson, Gri,msmo, Walters, White, Blonigen.
„ None.
°, None.
.-~^ __.
.. .. ,. _ _ i. C ~.. .
2nd October, 197$
_ . ...:.~..., ._..,1, __.__ ___-____ day of
mil/ c.~
G- Wi er, City A~iministrat,or
~d
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