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. 4. The assessments levied by this Resolution on tillable, <br />unimproved agricultural property which meets the <br />requirements set forth in Minnesota Statutes Section <br />273.111, Subd. 3, shall be deferred until 1994 and <br />interest for the years 1992, 1993, and 1994 shall be <br />forgiven. The first installment on assessments so <br />~~ deferred shall be payable in 1995 and said assessments <br />(including assessments deferred in future years under the <br />provisions of Minnesota Statutes Section 273.111, Subd. <br />1.1) shall bear interest at the rate set forth in this. <br />Resolution beginning on January 1, 1995.. <br />5. The City Administrator shall transmit to the County <br />Auditor a certified duplicate of the attached assessment <br />roll to be extended on the property tax lists of the <br />County. Such assessment shall be collected and paid over <br />in the same manner as other municipal taxes. <br />Passed and adopted this 19th day <br />ATTEST: <br />Sandra A. Thackeray, City erk <br />• <br />of 0 tober, 1992. <br />James A. Tralle, Mayor <br />• <br />