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RES 13-34RESOLUTION NO, 2013-34 RESOLUTION ADOPTING ! SSESSMENT WHEREAS, pursuant to proper notice duly given as required by laver, the council has met and heard and passed upon all objections to the proposed assessment for the improvement of LaBeaux Avenue Improvements. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of TSEGO, MINNESOTA: 1., Such proposed assessment, a copy of which is attached hereto and rade a part 4. 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, 2014 shall bear interest at the rate of 5.6 percent per annum from the date of the adoption of this assessment resolution. To the fiat installment shall be added interest on the entire assessment from the date of this resolution until December 31; 2013. 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 cleric, 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 ent is made. such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. . The clerk shall county auditor to assessments shall taxes. forthwith transmit a certified duplicate of this assessment to the e extended on the property tax lists of the county. Such e collected and paid over in the same manner as other municipal Adopted by the council this 24th day of Jure, 2013; Motioned y; Dark n a d Seconded BY: Schroeder All in Favor: ' S tokarp Daknia ld , Schroeder, dao e Those Opposed: Done Tami Loff, Clerk . OL JeA 1ca Stockamp, - M •