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Res 1998-64 OO RESOLUTION NO. 64 - 1998 RESOLUTION FOR HEARING ON PROPOSED ASSESSMENT RICE CREEK BANK STABILIZATION PROJECT NO. 309 WHEREAS, by resolution passed by the Council on September 28, 1998, the Finance Director was directed to prepare a proposed assessment of the Rice Creek Bank Stabilization Project No. 309, AND WHEREAS, the Finance Director has notified the council that such proposed assessment has been completed and filed by his office for public inspection, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY, MINNESOTA: A hearing shall be held on the 19th day of October, 1998 in the City Hall at 7 :30 p.m. to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. The Finance Director is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing and he shall state in the notice the total cost of the improvement. He shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearings. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City of Fridley, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. He may at any time thereafter, pay to the City of Fridley 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 succeeding year. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 28th DAY OF SEPTEMBER, 1998. JaRG iS' - MAYOR ATTEST: fII DEBRA A. SKOGEN - CITYf LERK L.