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Res 1995 - 60 Deferring Payment of an Assessment (Improvement No. 92, Project No. 6)City of 1Vlendota Heights Dakota County, Minnesota RESOLUTION NO. 95- 6 0 RESOLUTION DEFERRING PAYMENT OF AN ASSESSMENT (IlVIPROVIIVIENT NO. 92 PROJECT NO. � WHEREAS, the City Clerk, with the assistance of the City Engineer, has calculated the proper amount to be specially assessed for Improvement No. 92, Project No. 6, for street rehabilitation and reconstruction; and WHEREAS, the hearing on said assessments was duly held at 7:45 o'clock P.M. on September 5, 1995, at the City Hall of the City of Mendota Heights, Minnesota; and WHEREAS, the proposed assessment roll for said improvements was duly adopted by the City Council on September 5, 1995; and WHEItEAS, Kenneth & Bernice Radke have requested a senior citizen deferment; and the City Council has determined that it would be in the best interest of the City of Mendota Heights to defer the payment of the assessments with respect to the above referenced improvements in the following amount and as to the following parcel situated in Dakota. County, Minnesota, to wit: ' •�. i- �- -r-.� 27-27800-010-OS Kenneth & Bernice Radke $2,700.00 WHEREAS, the assessment indicated above as being deferred would be defened with the understanding that said amount, plus interest accrued from October, 1995 at the rate of seven percent (7�) per annum, would become immediately payable upon the sale of the parcel to which said deferred assessment relates. NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Mendota Heights, as follows: 1. That the assessment roll for Improvement No. 92, Project No. 6 be corrected as set forth above. ' 2. That the City Clerk is hereby directed to file a certified copy of this resolution in the office of the County Auditor and County Recorder of Dakota County, Minnesota so that any future purchaser or party interest relative to the above described parcel will be on notice relative to the deferred assessment described above. Adopted by the City Council of the City of Mendota Heights this 21st day of November, 1995. CITY COUNCIL CITY OF MENDOTA HEIGHTS By .. �.,..� � ��..�-�:.�t Charles E. Mertensotto, Mayor ATTEST: �z�� K thleen M. Swanson, City Clerk