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86-108 '. . . . to RESOLUTION NO. /0 g.. ~ (9 RESOLUTION APPROVING SPECIAL ASSESSMENTS FOR SOUTHEAST AREA TRUNK WATER SUPPLY AND STORAGE FACILITY 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 local improvements designated as Project No. 86-1 and described as the Southeast Area Trunk Water Supply and Storage Facility. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD: 1. Such proposed special assessments as amended, copies of which are attached hereto and made a part hereof, are hereby accepted and shall constitute the special assessment against the lands named herein, and each tract of land therein included is hereby found to be benefitted 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 15 years and shall bear interest at the rate of 9 per cent per annum from the date of the adoption of this assessment resolution. 3. The owner of any property so assessed may pay the whole of the assessment against any parcel to the City of Shorewood without interest if payment is made prior to November 15, 1986. After November 15, 1986, following the date of the assessment, the first year's installment shall be added to the taxes for the year's tax list and collected as taxes with interest accruing from the date of assessment through December 31 of the following year. All payments thereafter shall be in accordance with the provisions of Minnesota Statutes Section 429.061, Subd.3. 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the proper tax lists for the County, and such assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted by the City Council of the City of Shorewood, Minnesota, this 8th day of September, 1986. Mayor ATTEST: City Clerk . . HC 1210 (1-79) SPECIAL ASSESSMENT RATE CARD ADD CHANGE DELETE MUNICIPALITY ~ AiCU!EWtJtJtJ MUNIC CODE Ol~ DOCUMENT # AUTH. BY /062 t/tJ LEVY NUMBER PROJECT NUMBER . LEVY DESCRIPTION ~ E. A~e,4 0,tJTt;-,e ..::;::m~i. TOT. PROJ. ASSMT ~ ?~ s: t, t,.~ ~ . SERVICE CHARGE LUMPED/SPREAD CODE INTEREST RATE COST PER UNIT NO. YEARS PAYABLE FIRST YEAR PAYABLE MO. INT. FIRST YR. FIXED CHARGE PERM. SPEC. CODE 9% /6- ~ ~a,eS /e:f?7 / s /1f.JJS. . '.."" DATE .' ,. ~ ~ ~ ~ ~ "- , , ~ '" '" '" , '" ~ '" " ,.. . ~ ~ ~ \0 ~ ~ ~ \) ~ ~ c. ~ ~ N N \J ~ c 5, . N N '-.J ~ N N ~ ~ ~ ~ ~ ~ n ~ ~ '(' ~ t.. 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