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RESOLUTION )0- <br /> <br />A RESOLUTION FOR THE <br /> <br />A RESOLUTION ADOPTING FII~ <br /> <br />WHEREAS <br /> <br />upon due notice properly made as re <br />met and heard and passed upon all <br />the Western Area Phase IV improve <br />assessed against each individual pre <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Cit! <br /> <br />The final assessment roll, a copy of which is <br />this reference, is hereby accepted and <br />assessment against the lands therein name( <br />roll is hereby found to be benefited by the <br />amount of the assessment levied against it. <br />Such assessment shall be payable in equa <br />and interest, amortized in such amount anr <br />interest at 7.5% over a period of ten years. <br />The owner of any property so assessed <br />County Auditor of the assessment or ti' <br />Treasurer the whole of the assessment on <br />date of payment; except that no interest sha <br />within 30 days after the adoption of this F <br />after the certification of the assessment or <br />Treasurer/County Auditor the entire amour <br />interest. In the case of a payment made be <br />through December 31 of the year in which <br />November 15, interest will be calculated ti' <br />year. <br />The City Administrator shall transmit to th~ <br />attached assessment roll to be extended o <br />assessment shall be collected and paid o <br />taxes. <br /> <br />Passed and adopted this 7th day of Aug~ <br /> <br />ATTEST: <br /> <br />Sandra A. Peine, City Clerk <br /> <br />\\SPNWFS\VOL1\DATA\PROJ\807650\0564\Res-072800-WesternlV.doc <br /> <br />:ITY OF ELK RIVER <br /> <br />~,L ASSESSMENT ROLL <br /> <br />uired by law, the Elk River City Council has <br />3bjections to the proposed assessment for <br />ment and has determined the amount to be <br />perty as the Council deems just; <br /> <br />Council of the City of Elk River, Minnesota: <br /> <br />attached hereto and incorporated herein by <br />adopted and shall constitute the special <br />l. Each such tract of land in the assessment <br />rnprovement in an amount not less than the <br /> <br />annual installments, including both principal <br />ually as is required to pay the principal with <br /> <br />way at any time prior to certification to the <br /> first installment thereof, pay to the City <br /> such property, with interest accrued to the <br /> be charged if the entire assessment is paid <br /> .~solution. Prepayment may also be made <br /> :irst installment thereof by paying to the City <br /> ~t of the assessment remaining unpaid with <br /> fore November 15, interest will be calculated <br /> payment is made. If payment is made after <br /> rough December 31 of the next succeeding <br /> <br /> County Auditor a certified duplicate of the <br /> the property tax lists of the County. Such <br />~er in the same manner as other municipal <br /> <br />Jst, 2000. <br /> <br />Stephanie A. Klinzing, Mayor <br /> <br /> <br />