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<br />Counci1member Dehen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #09-08-178 <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #09- <br />03 (SEALCOAT AND CRACKFILL GREENLAND HILLS & PINEVIEW ESTATES) <br /> <br />WHEREAS, costs have been determined with reference to the sealcoat and crackfill of <br />Improvement Project #09-03 and the expenses incurred or to be incurred in the making of such <br />improvement amount to be $96,960 so that the total cost of the improvement will be $96,960 <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />I) That the portion of the cost of such improvement to be paid by the City of Ramsey is <br />hereby declared to be $62,054 and the portion of the cost to be assessed against benefited <br />property owners is declared to be $240.72 per property. <br /> <br />2) That the principal of the assessments shall be in annual installments extending over a <br />period of three years; the first of the installments to be payable on or before December 31, <br />2010, and shall bear interest, per annum from the date of the adoption of the assessment <br />resolution, at the rate of two (2) percent above the u.s. Treasury Rate. <br /> <br />3) That the City Administrator shall calculate the proper amount to be specially assessed for <br />such improvement against every assessable lot, piece or parcel of land within the district <br />affected, without regard to cash valuation, as provided by law, and shall file in the city <br />offices a copy of such proposed assessment for public inspection. <br /> <br />4) That the City Administrator shall, upon the completion of such proposed assessment, <br />notify the Ramsey City Council thereof. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Counci1member <br />E1vig, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Ramsey <br />Councilmember Dehen <br />Councilmember Elvig <br />Councilmember Look <br />Counci1member McGlone <br />COUnci1member Wise <br /> <br />and the following voted against the same: <br /> <br />none <br /> <br />and the following abstained: <br /> <br />Resolution #09-08-178 <br />lof2 <br />