91-029 RES
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RESOLUTION 91 - 29
RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL
IN THE MATTER OF THE FILLMORE STREET IMPROVEMENT OF 1991
upon due notice property made as required by law, the Elk
River City council has met and heard and passed upon all
objections to the proposed assessment for the Fillmore Street
improvement and has determined the amount to be assessed
against each individual property as the Council deems just;
WHEREAS,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk
River, Minnesota:
_3.
1.
The final assessment roll, a copy of which is attached hereto and
incorporated herein by this reference, is hereby accepted and
adopted and shall constitute the special assessment against the
lands therein named. Each such tract of land in the assessment
roll is hereby found to be benefitted by the improvement in an
amount not less than the amount of the assessment levied against
it.
2.
Such assessment shall be payable in equal annual installments,
including both principal and interest, amortized in such amount
annually as is required to pay the principal with interest at 8%
over a period of either 5 or 10 years.
The owner of any property so assessed, may, at any time prior to
certification to the County Auditor of the assessment or the first
installment thereof, pay to the City Treasurer the whole of the
assessment on such property, with interest accrued to the date of
payment; except that no interest shall be charged if the entire
assessment is paid within 30 days after the adoption of this
Resolution. Prepayment may also be made after the certification
of the assessment or first installment thereof by paying to the
City Treasurer the entire amount of the assessment remaining
unpaid with interest. In the case of a payment made before
November 15, interest will be calculated through December 31 of
the next succeeding year.
4.
The City Administrator shall transmit to the County Auditor a
certified duplicate of the attached assessment roll to be extended
on the property tax lists of the County. Such assessment shall be
collected and paid over in the same manner as other municipal
taxes.
Passed and adopted by the Elk River City
1991.
Gene Schuldt, Vice
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Sandra A. Thackeray,
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EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF
ELK RIVER, MINNESOTA
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Elk River, Minnesota, was
held at the Elk River Public Library in the City on the 13th
day of May, 1991, at 7:00 o'clock p.m.
The following members were present:
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Councilmembers Dietz, Kropuenske, and Holmgren
and the fOllowing members were absent:
Mayor TraIle, Councilmember Schuldt
Councilmember Dietz introduced the following resolution
and moved its adoption:
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