81-049 RES • RESOLUTION 81-49
A RESOLUTION ADOPTING THE ASSESSMENT ROLL
FOR THE SALK WATERMAIN PROJECT
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
assessment for the improvement of Proctor Avenue from 700 feet south of
County Road 1 to 1500 feet north of County Road 1, by the installation
of a watermain.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELK
RIVER, MINNESOTA:
1) 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 in
hereby found to be benefited by the proposed improvement in the amount of the
assessment levied against it.
2) Such assessment shall be payable in equal annual installments extending over
a period of 20 years, the first of the installments to be payable on or before
the first Monday in January, 1982, and shall bear interest at the rate of 10.3
percent annum from the date of this resolution until December 31, 1981. To
each subsequent installment when due shall be added interest for one year on
all unpaid installments.
• 3) 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 on
such property, 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; or he may make
partial payment of $50.00 or more within the above 30 days with interest
accruing only to the unpaid balance; 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.
4) The Clerk shall forthwith transmit a certified duplicate of this assessment
to the County Auditor to be extended on the proper tax lists of the County,
and such assessments shall be collected and paid over in the same manner as
other municipal taxes.
Passed and adopted this 12th day of November, 1981.
ATTEST:
Richard Hinkle, Mayor
Robert C. Middaugh
City Administrator