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HomeMy WebLinkAbout1985-171 CCRMember Bill Hawes introduced the following resolution and moved its adoption: RESOLUTION NO. 85 -171 RESOLUTION ADOPTING ASSESSMENT FOR STREET IMPROVEMENT PROJECT NO. 1985 -09 WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met and heard and passed upon all objections to the proposed Special Assessment Levy No. 9871 for the following improvement: XERXES AVENUE STREET RECONSTRUCTION IMPROVEMENT PROJECT NO. 1985 -09; and WHEREAS, actual costs were below the estimated cost thereby reducing the cost established in Resolution 85 -152: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota, as follows: 1. That Resolution No. 85 -152 is hereby amended to reduce the cost to be assessed so that the cost to be assessed against benefited property owners is declared to be $24,642.08. 2. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the improvement in the amount of the assessment levied against it. 3. Such assessment shall be payable in equal annual installments extending over a period of twenty (20) years, respectively, as indicated on each assessment roll. The first of the installments to be payable on or before the first Monday in January, 1987, and shall bear interest at the rate of twelve (12) percent per annum from October 1, 1985. To the first installment shall be added interest on the entire assessment from October 1, 1985 until December 31, 1986. To each subsequent installment when due shall be added interest for one year on all unpaid installments. RESOLUTION NO. 85 -171 4. The owner of any property so assessed may at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15, or interest will be charged through December 31 of the succeeding year. 5. The City Clerk shall forthwi duplicate of this assessment to be extended on the proper county, and such assessments paid over in the same manner taxes. th transmit a certified to the County Auditor tax lists of the shall be collected and as other municipal September 23, 1985 Date Mdyo) ATTEST: C erk The motion for the adoption of the foregoing resolution was duly seconded by member Gene Lhotka and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Gene Lhotka, and Bill Hawes; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.