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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 85-52 <br /> <br />RESOLUTION ADOPTING ASSESSMENT OF STREET IMPROVEMENT <br />PROJECT ON 211TH AVENUE) CITY OF ELK RIVER) MINNESOTA <br /> <br />WHEREAS) pursuant to a petition for public improvements and waiver of right to <br />public hearing and right to object received and signed by 100% of the <br />affected property owners on 2llth Avenue) City of Elk River) MN) the <br />City of Elk River constructed the requested street improvements. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River) <br />Minnesota: <br /> <br />1. Such proposed assessment, a copy of which is attached hereto and <br />made a part hereof) is hereby accepted and shall constitute the <br />special assessment against the lands named therein) and each <br />tract of land therein included is hereby found to be benefitted <br />by the proposed improvements in the amount of the assessments <br />levied against it. <br /> <br />2. Such assessment shall be payable in equal annual installments <br />extending over a period of 10 years) the first of the installments <br />to be payable on or before the first Monday in January, 1986, <br />and shall bear interest at the rate of 10% per annum from the <br />date of the adoption of this assessment resolution. To the <br />first installment shall be added interest on the entire assess- <br />ment from the date of this resolution until December 31, 1985. <br />To each subsequent installment when due shall be added interest <br />for one year on all unpaid installments. <br /> <br />3. The owner of any property so assessed may at any time prior to <br />certification of the assessment to the County Auditor, pay the <br />whole of the assessment on such property, with interest accrued <br />to the date of payment, to the City Treasurer) except that no <br />interest shall be charged if the entire assessment is paid <br />within 30 days from the adoption of this resolution; and he may, <br />at any time thereafter, pay to the City Treasurer the entire <br />amount of the assessment remaining unpaid, with interest accrued <br />to December 31 of the next succeeding year. <br /> <br />4. The Clerk shall forthwith transmit a certified duplicate of <br />this assessment to the County Auditor to be extended on the <br />proper tax lists of the County, and such assessments shall be <br />collected and paid over in the same manner as other municipal taxes. <br /> <br />Passed and adopted by the Elk River City Council on the seventh day of October, 1985. <br /> <br />ATTEST: <br /> <br />",/'''-')'", ',' <br /> <br />/ ,,' Z~# <br />/ . .--4> ....; "'::.', .,' ;< <br />,_ -:l-c-~../~d. " . V /~ <br />Richard Hinkle, Mayor <br /> <br />