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RES 1986-45 - 00004820RESOLUTION NO. 45 - 1986 A RESCLUTION CONFIRMING ASSESSMENT FOR THE MAR -LEN PLAT FOR STREET IMPROVEMENT PROJECT ST 1986 -1 & 2 WHEREAS, Mar -Len Development Corporation entered into an agreement with the City of Fridley for certain improveents; and WHEREAS, Mar -Len Development has requested that all assessments for these improvements be placed against Lot 3, Block 1, Mar -Len Addition, per the attached assessment agreement; and WHEREAS, Mar -Len Development Corporation /AMR Freight Systems, Inc. have waived any right to notice and public hearing. NOW, THEREFORE, BE IT RESOLVED that said assessment per the attached assessment agreement so affirmed, adopted and confirmed, shall be certified to by the City Clerk and filed in her office and shall thereupon be and constitute the special assessments for STREET IMPROVEMENT PROJECT ST. 1986 -1 & 2 (81ST AVENUE, MAIN STREET TO HICKORY STREET) BE IT FURTHER RESOLVED, the amounts assessed against each of the lots per the assessment agreement shall bear interest from the date hereto until the same have been paid at the rate of nine (9 %) percent per annun. BE IT FURTHER RESOLVED, such assessments shall be payable in 3 annual installments, payable on the first day of January of each year, beginning in 1987, and continuing until all of said installments shall have been paid, each installment to be collected with taxes collectible during said year by the County Auditor. BE IT FURTHER RESOLVED, the City Clerk is hereby directed to make up and file in the office of the County Auditor of Anoka County a certif ied statement of the amount of all such unpaid asessments and the amount which will be due thereon on the first day of January in each year. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 2ND DAY OF JUNE, 1986 WILLIAM J. NEE - YOR ATTEST: SHIRLEY A. 14AAPALA - QTTY CLERK ®F4