City Council Resolution 1976-13•
RESOLUTION AUTHORIZING INTEREST RATE ON ASSESSMENTS
FOR 1975-2 SANITARY SEWER IMPROVEMENT PROJECT
AND SPREADING OF ASSESSMENTS
13e it reso7_ved that the City Council of Mont:icel~o
hereby adopts the assessment roll for the 1975-2
Sanitary Sewer Improvement Project as presented
July 12, 1976 at the Monticello City Council.
meeting. Pursuant to Minnesota Statutes 429.061
the assessment for the 1975-2 Sanitary Sewer Improve-
ment Project shall be prorated over twenty (20) years
with equal. installments of principal and interest
accrued at seven and one-half percent (72) per year
to be paid annually.
l
Mayor, C. 0. Johnson
W
C y A i istrator, Gary Weber
~? y~
I)at Res iuti<~ ~ Adopted
Resolution # I~