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of 8% per annum from the effective date of this Resolution until paid in full, except that no <br />interest shall accrue if paid in full on or before January 4, 2002. <br /> <br /> BE IT ADDITIONALLY' RESOLVED: That the City Clerk shall mail a notice to each <br />property owner listed in Exhibit "A" which shall set forth a description of each parcel of real <br />property to be assessed which is owned by such owner, the special assessment assigned to such <br />property, and a statement that the property owner may pay such assessment in full without <br />interest on or before January 4, 2002, or may pay the assessment with interest in substantially <br />equal annual installments for a duration not to exceed three years. <br /> <br />Motion seconded by Councilmernber /~~J~ <br /> and <br /> carried. <br /> <br />Adopted this '~ day of NoVember, 2001. <br /> <br /> I hereby certify that the a, gbove is a true excerpt from the minUtes of the meeting of the City <br /> Co~nc~held on the ~ day of November, 2001. <br /> <br />., "o*°~, , -'~ . '°'.i-f~ <br /> <br /> <br />