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RES 2006-72 - 00014201RESOLUTION NO. 2006 - 72 RESOLUTION ADOPTING ASSESSMENT FOR THE 2006 STREET IMPROVEMENT PROJECT NO. 2005 -3 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 2006 Street Improvement Project No. 2005 -3. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY, MINNESOTA: 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 is hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. Such assessment shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable on or before the first Monday in January, 2007, and shall bear interest at the rate of 6 '/2 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, 2007. To each subsequent installment when due shall be added interest for one year on all unpaid installments. The owner of any property so assessed may, at any time prior to certification of the assessment to the county, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the city 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 may, at any time thereafter, pay to the city 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. The Finance Director 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. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 23rd DAY OF OCTOBER, 2006. SCOTT J. LUND - MAYOR ATTEST: "g4�t4j DEBRA A. SKOGEN LhTY CLERK Resolution No. 2006 -72 ASSESSMENT ROLL FOR 73 1/2 AVENUE STREET IMPROVEMENT PROJECT ST2005 -3 Page 2 Total PIN NAME ADDRESS CSZ CURB $ DRIVEWAY Amount FRIDLEY, MN 123024130095 VAN AUKEN TIMOTHY 1478 73RD AVE NE 55432 $ 12,758.04 $ 12,758.04 FRIDLEY, MN 123024130096 VAN AUKEN TIMOTHY 1480 73RD AVE NE 55432 $ 12,758.04 $ 12,758.04 FRIDLEY, MN 123024130097 VAN AUKEN TIMOTHY 1484 73RD AVE NE 55432 $ 12,758.04 $ 12,758.04 FRIDLEY, MN 123024130098 VAN AUKEN TIMOTHY 1486 73RD AVE NE 55432 $ 12,758.03 $ 12,758.03 FRIDLEY, MN 123024140072 SANFORD DAVID 1523 73 1/2 AVE NE 55432 $ 629.00 $ 4,607.60 $ 5,236.60 FRIDLEY, MN 123024140073 LARSON LEROY & MIEKO 1503 73 1/2 AVE NE 55432 $ 875.50 $ 875.50 FRIDLEY, MN 123024140077 HOESCHEN KENNETH & KE 1510 73 1/2 AVE NE 55432 $ 1,402.50 $ 1,402.50 FRIDLEY, MN 123024140078 PACKEY JOSEPH & JILL 1520 73 1/2 AVE NE 55432 $ 306.00 $ 306.00 ASSESSED TOTAL $ 54,245.15 $ 4,607.60 $ 58,852.75