94-107CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO.24- .Q7
RESOLUTION ADOPTING ASSESSMENT, ROAD IMPROVEMENT 88TH STREET
WHEREAS, pursuant to proper notice duly given as required by
law, -the council has met and heard and passed upon all objections
to the between the the assessment
42 for
the mprovent termination of88th8Street
said 88th
be
Street.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO,
MINNESOTA:
1. Such proposed rassessment,tis hereby f which accepted sand attached
hereto and made a pa
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.
2. Such assessment shall be payable in equal annual
installments extending over a period of years, the first of
the installments to be payable on or be ore the first Monday in
January 1995, and shall bear interest at the rate of Tg% percent
per annum from the date of the adoption of this assessment
resolution. To the first installment shall be added interest on the
entire assessment from the date of this resolution until December
31, 1994. 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 u itor,pay
the whole of the assessment on such property ,
withinterest
accrued to the date of payment, to the city treasurer, except that
no interest shall be charged if the entire assessment is paid
within thirty 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 are Such payment
st accrued to
December 31 of the year in which such payment
must be made before November 15 or interest will be charged through
December 31 of the next succeeding year.
4. The clerk shall forthwith transmit a certified duplicate of
this assessment to the county auditor to be extended on the
property tax lists of the county. Such assessments shall be
collected and paid over in the same manner as other municipal
taxes.
Adopted by the council this 12TH day of per , 1994.
&.0gim
IformaA F. Fresk , Mayor
P7
Jerome Per ult, Ci t Clerk