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CIl'�'�0� ��P�RIOR: LAKE..
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RESOLUTION 88 -50'
RESOLUTION ADOPTING ASSESSMMT`FOR
PROJECT 87 -18, FISHER AVENU9.1LIBRARY' PARKING
LOT I'4PROVS![$NT PROJECT°
NOTION By:: FITZGERALD SEGONDBD BY: SCOTT
WHEREAS, pursuant to proper notice duly given as required by
,law,,.,,
the'Council has net and heard and passed upi�n all
objections to
the proposed`, assessment for the
improvements .of Pro act 87 Fisher Avenue and Li`orary
1�
Parking Lot Improvement Prci act.
NOW THEREFORE BE IT• BY THE MAYOR AND CITY COUNCIL OF
`MINNESOTA
w..
PRIOR 1AXI , that; _
1. Such pxopoadwd assessment, a =copy .of which is Attached
hereto and ,wade a part he qf, its hereby. _ accepted and
shall ccnii,*iuti the. special ;,assessettit against the
"thorein, "t r'act
'lands na "d and each of land therein
o included 111t, hereby
found to be benefited by the proposed °;,
improvement iri the amount of the assessmenti levi�ad
against it.
2. Such assessment shall bo pa }•able on "an equal principal
method,. over ,. period of 5 years for
?
; trunk
acreage.charge, 10 years for street ,,paving and` storm
sewer, 20 years for, sanitary sewer and water main.
Thd first installment shall,be the Annual principal plus
interest calculated fkom,the public hearing date to., the
and of this yeax plus the twelve months of the "year.,
,next
ar�d shall bear interest' at the• rate• of S ,percent ° per
aiuwm from the date of th adoption , of h a `�Qssessment
resolution. To the, . fi4rst installment.. �,, shall be added
ia�tF!'st
3
on the entire assessment from the date of this
resolution until December 31 1988.`',To each subsequent
installmsnt' when due added
shall be interest for one
year ari all unpaid 'installnerits.
3,
,
,
(612 447.4230 4M DAKOTA STREET S.E. PRIOR LAKE, MINNESOTA 55372''`
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3. The owner of any property so assessed may, at any tine
prior to certification of the assessment to the County
Auditor,,. pay the whole of the assessment on such
property, with interest accrued to the dat °e of within 30
days from the adopt oA of this- tosolutions and he. may,
at any time th'Sreafter" pay to the "City Finance Director
the entire ;amount of the assessment remaining unpaid,
excepting the installment portion. appearing upon the
current yearts property tax statement.
4. The City NanioOr shall forthwith transmit a certified
duplicate of this; assessment, to the County Auditor to be
extendnd on,.the pro rtY tax lists= of Scott County.
,} such assessments sha*,l be collected and paid to the City
in s%iasmannor as other aunioipal taxes.
Passed
and adopted 'this ;19 th - day afsd n8a tember 1908.
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