HomeMy Public PortalAbout1988-0875C_X,f,if
Member introduced the following resolution and moved
its adoption:
CITY OF MEDINA p
RESOLUTION NO.5a-P/
RESOLUTION ADOPTING ASSESSMENT
FOR T.H. 55 WATER LINE EXTENSION
TO TEMROC METALS, INC.
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 extension of the T.H. 55 water main to the Temroc Metals,
Inc. property.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Medina,
Minnesota s follows:
1. The proposed assessment, a copy of which is attached hereto and made a
part hereof, is hereby accepted and shall constitute the special assess-
ment against the land named therein, and the 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, 1912 and shall bear interest at
the rate of 8.25 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, 19g7. To each subsequent installment when due shall be
added interest for one year on all unpaid installments.
3. The owner of the property so assessed may, at any time prior to certifi-
cation of the assessment to the director of property taxation, pay the
whole of the assessment on such property, with interest accrued to the
date of payment, to the city clerk -treasurer, except that no interest
shall be charged if the entire assessment is paid within 30 days from the
adoption of this resolution; and he or she may, at any time thereafter,
pay to the city clerk -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 next succeeding
year.
4. The clerk -treasurer shall forthwith transmit a certified duplicate of
this assessment to the director of property taxation 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.
Dated:
, 1988.
s nder an, Mayor
ATTEST:
Donna Roehl, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by
member
and upon vote being taken thereon, the following
voted in favor thereof:
Ar2cleAvson, Sc l� m t , /Hi7/ie//
and the following voted against same:
Whereupon said resolution was declared duly passed and adopted.
MedRes:045RE197.E40
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