HomeMy WebLinkAbout88-011J 1 " t
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CITY OF PRIOR LAKE
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RESOLU1'IaN 88-11
REFXLUTION ADOPTIIW
REASsEs,9mw FOR - PARCEL # 25 926 025 0
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BY _ FITZGERALD SBCOWED BY SCOTT o
iIlrR M,. pursuant to Qproper notice duly , given as required by ` law, the
ommil has met and heard and passed upon all objections to the
proposed reassesseent'of Parcel 9 25 926 0250 for Project 78-1,
Nartinsm Island surer, Mater and read improvement project.
NOW 2HEREF BE IT RESWED BY THE MAYOR AND CITY COUWIL OF PRIOR LAKE °
Xnammo►m that:
1. 93ch' prop med assessment, a copy cif which 'is. attached hereto and
made part herec, is hereby acaeF�ted and shall const the
special assessment against the lan named therein and each tract
of.land therein included is hereby found to be benefited by the
proposed i�rvvement in the amount of the assessment levied
against it.
2. Such .assesseent'Od all be payable in annual equal principal
- installments extending over 'a period of ten(10) years and shah
bear4nterest at the rate of 8% per annum fram , the date, of the
adoption.of this assessment resolution. Zb the first installment
shall be added interest on the entire assessment from the date of
this? resoluti6h ,until December n, 1989. Th each subsequent
installment when due shall be added interest for,-one year on all
unpaid installments.
i 3: �e c4rrier {�of arry so acses*md. day, - at any time prior to
certification of the assessment to the , gDunty Auditor, pay the
whole Of, erty t
the assessment on prop, with interest accrued to - -I
the date of peyieent,' to the City. Finance Director except that, no f
interest shall be charged if ` entire assessment is paid within
v 30 days f rat the adoption of ; this resolution and " he/she ^ may, at
° any time thereafter, ,pay to the Qounty Treasurer f' instalLtent
_ and interest in.prooess of collection on the current tax list, and
° c U he may pay the ; re mmining balance of `the assessment to the City `
Finance Director. In either, case, payment must be made: by
`beam- bef 15 in order to avoid `interest through Deoember• 31 of the
�} next succeeding year.-
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DAKO STREET S.E. P.O. BOX UII PIIIOR LAKE, MINNESOTA SU
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4. 7he City Manager, shall forthwith transmit a certified duplicate of
this assesament "roll to the county Auditor to be extended on the
r , proper tax lists of the Bounty, and such usessmerx.t;x shall - be
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collected and paid over in the same manner as other municipal
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taxes.-
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Passed and'adopted this day of Februanr , 1988.`
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Andren x Andrea �-
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1 Fitzgerald -I- Fitzgerald
Larson .L Larson
Z t t e t' Scott
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ty Manager
City_,. of Prior Lake
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