CCR1971094RESOLUTION #94-71
(As Amended)
RELATING To DEFERMENT OF SPECIAL ASSESSMENTS
AGAINST FARM LANDS IN NORTHWEST ASSESSMENT DISTRICT e WHEREAS, on the 13th day of April, 1971, the Common
Council adopted Resolution 866-71 determining to reopen and re- * consider the special assessments against the George Schaefer pro-
perty, and place the same on a deferred payment basis pursuant to
Resolution #19-71, which resolution established a deferred assess-
ment policy for farm lands within the City; and
WHEREAS, on the 27th day of April, 1971, pursuant to
notice, a public hearing on Resolution #66-71 was held by the
Common Council.
e
NOW, THEREFORE, BE IT RESOLVED, that pursuant to the
authority given to the Common Council by Section 66.60 Statutes,
and the established policy of the City herein referred to, that
the schedule of special assessments levied in the Northwest
District under Tax Key No. 2191.998 and under the following assess-
ment key numbers be amended to provide as follows:
Date of Levy Assessment Total Payment
Key No. Assessment Method -
2-25-69 D-4 $ 10,148.00 Deferred
2-25-69 D-25 5,194.40 Deferred
5-26-70 E-189 18,014.75 Deferred
($16,704.75)
That said assessments should be deferred on the following
basis, to-wit: Pursuant to the terms of Resolution #19-71, which
resolution is incorporated herein by reference as if fully set forth
herein. That the remaining balance of the special assessment against
Special Assessment E-189 in the amount of $1,310.00 all be paid in
nine annual installments, the first of which shall be due and
payable on the 28th day of February, 1972, and subsequent install-
ments annually thereafter.
Said assessments may be paid in nine annual equal install-
ments, the first installment shall be due on the 28th day of February,
1971, and subsequent installments annually thereafter. Interest at
the rate of 8 per cent per annum on the entire assessment shall be
charged. The first installment due shall include interest on the
entire assessment from the 1st day of May 9 1971, to
the 31st day of December, 1971. Subsequent installments shall
include one year's interest upon the unpaid balance of the assessment.
The City Clerk is hereby directed to give notice of this
installment assessment by publication of a copy hereof in the Lake- 0 land Hub, the official City newspaper which is likely to give notice to
the persons affected, and by mailing a copy thereof to every interested
person whose post office address is known, or can with reasonable dil-
igence be ascertained.
In all cases where owners of property against whom
Assessments shall be made shall file with the City Clerk, within
30 days from the date of the aforesaid notice, a written notice
that they elect to pay the special assessments upon their property
on or before November 1, 1971, special assessments payable in
installments shall not be made against said property of such
a
owners, and such owners shall pay the entire assessment in full.
In the event a person so elects to pay such assessment
on or before November 1, 1971, but fails to do so, the entire amount
of such assessment, together with interest thereon from May 1. 1971
to December 31, 1971, at the rate of 8 per cent per annum, shall
be entered in the tax roll for the year 1971 and collected as are
other taxes of the City, on a 9 year installment basis.
After the the for making such election shall have
expired, such assessment shall be due and payable in installments
as aforesaid, but any assessment may be paid in full before due
only upon the payment of interest to date of prepayment upon such
assessment, plus one year's interest on the then unpaid principal
amount of such assessment.
MTED THIS // MY OF fi ay , 1971.
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ATTEST: