Laserfiche WebLink
Mr. Brian Olson <br />September 23, 2010 <br />Pale 2 of 2 <br />Assessment Conditions and Assumptions: <br />The Petitioners' Conditions and Assumptions are as follows: <br />1) The Petitioners and City will agree to the scope and cost of preparation of a feasibility <br />study of the project prior to proceeding with such work. The results of the feasibility <br />study shall be acceptable to both the City and the Petitioners prior to ordering the Project. <br />2) Upon authorization by the parties, the project will be designed and bid, and the City and <br />Petitioners will negotiate mutually acceptable terms of a special assessment agreement, <br />which generally will include the term of the assessment (20 year amortization), interest <br />rate and project costs to be assessed to the Petitioners; <br />3) The City of Ramsey will participate in the cost of the project through contribution to any <br />over -sizing requirements to be determined in the project feasibility study and design <br />phase; <br />4) The Petitioners' assessment will be credited through future sewer connection fees, by <br />those properties that reside along the approximately 1,600 linear feet of frontage from the <br />current location along Armstrong Boulevard and westerly extensions to the project site. <br />5) The Project will not be ordered until the special assessment agreement is fully executed <br />by the parties. <br />We look forward to discussing this petition with you and determining the schedule for initiation <br />of this project. <br />Best Regards, , <br />ay". Anderson <br />ice President <br />Attachment <br />Petitioners: <br />COLOMBO lw9 l"r 1 L? I�A P,'FN SHIP <br />Ivf <br />CITIZENS S BA <br />By: <br />