01-25RESOLUTION NO. 2001-25
RESOLUTION ADOPTING ASSESSMENT
WHEREAS, pursuant to proper notice duly given as required by law, the council
has met and heard and passed upon all objections to the proposed assessment for the
improvement of Odean Avenue from CSAH 37 to CSAH 39.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
OTSEGO 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 10 years, the first of the installments to be payable on or before the first
Monday in January, 2002 shall bear interest at the rate of 6 per cent 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, 2001. 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
certifications 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 clerk, except
that no interest shall be charged if the entire assessment is paid within 30 days from the
adoption of this resolution; and the owner may, at any time thereafter, pay to the city
clerk 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 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 13th day of August 001.
I\ — // " May
City Clerk
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