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RES 2009-57 - 14642RESOLUTION NO. 2009 — 57 RESOLUTION ADOPTING ASSESSMENT FOR THE 2009 EAST MOORE LAKE DRIVE LANDSCAPE REVITALIZATION PROJECT NO. 2009 -01 WHEREAS, pursuant to contracts signed by property owners or their representative, the council has met and considered the proposed assessment for the 2009 East Moore Lake Drive Landscape Revitalization Project No. 2009 -1. 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 five years, the first of the installments to be payable on or before the first Monday in January, 2010, 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, 2010. 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 26TH DAY OF OCTOBER, 2009. e !COTT J. L D - MAYOR ATTEST: AL-gv� DEBRA A. SKOGEN CITY CLERK Resolution No. 2009 -57 ASSESSMENT ROLL EAST MOORE LAKE DRIVE Page 2 LANDSCAPE REVITALIZATION PROJECT October 22, 2009 PIN Property No. Property Street Assessment 13- 30 -24 -31 -0035 1271 E Moore Lake Dr $4,901.00 13- 30 -24 -34 -0008 1109 E Moore Lake Dr $3,372.00 13- 30 -24 -34 -0025 1001 E Moore Lake Dr $13,858.33 13- 30 -24 -34 -0028 1250 E Moore Lake Dr $13,858.33 13- 30 -24 -34 -0029 1200 E Moore Lake Dr $13,858.33 $49,847.99