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CCR1971152RESOLUTION #152-71 RESOLUTION LEVYING SPECIAL ASSESSMENTS (Northeast District) WHEREAS, the Common Council has made a determination of the total cost of constructing a sanitary sewer collection system within the City, and of the amount to be paid in respect to the real estate within the City benefited thereby, all in accordance with proceedings duly had pursuant to law. NOW, THEREFORE, BE IT RESOLVED: (1) The special assessment schedule which is filed with the City Clerk as part of the Report of the City Engineer relating to special assessments for the con- struction of a sanitary sewer collection system within said City, which Report wa adopted as the Report of the Common Council, is hereby made a part hereof as though fully set forth herein, and, for the purpose of paying a portion of the cost of constructing and in- stalling the sanitary sewer collection system within the City, there is hereby levied and assessed against each of said lots and parcels of land the respective amount set opposite the description of said respective lots and parcels of land in said assessment schedule. (2) The properties listed in the assessment schedule and against which the assessments are hereby made are hereby declared benefited by said improvements, the assessment being on a reasonable basis and not to exceed, in the aggregate, the average cost of installa- tion of an 8-inch sanitary sewer having an average depth of 10 feet. (3) Said assessments, except those upon agricultural lands, may be paid in ten annual equal installments, the first stallment shall be due on the k'f day of annual I y thx. interest at the rate of 8 per cent per annum on the entire assessment shall be charged. The first installment due shall include inte st on the entire assessment from the YLd I 19 - 7/, to the 31 day of , 19 7/. Subsequent installments shall include one year's interest upon the unpaid balance of the assessment. (4) The City Clerk is hereby directed to give notice of this installment assessment in the form attached hereto as Exhibit "A" by publietion of a copy thereof in the Tri-Town 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 diligence be ascertained. (5) In all cases where owners of property against whom assessments shall be made shall file with the City Clerk, within thirty (30) days from the date of the aforesaid Y , 192, and subsequentinstal lments - notice, a written notice that they elect to pay the special assessments upon their property on or before November I, - 19 7/, special assessments payable in in- stallments shall not be made against said property of such owners, and such owners shall pay the entire assessment in full. (6) In the event a person so elects to pay such assess- ment on or before November I, 19 7/, but fails to do so, the entire amount of such assessment, together with interest thereon from , 1971 -1 at the rate of B per cent per annum,shalI be entered in the tax roll for the year 19 7/, and collecid as are other taxes of the City, on a ten101 year instal lment basis. (7) After the time 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. - d5Lhadd jr %/ , 19 ” to Dated th is 27 day of *g+ , 1971. ATTEST: City Clerk +J