Agenda - Council - 09/09/2003 - Laserfiche WebLink

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Councih-nember introduced the ~%llowin~ resolution and moved for its adoption: RESOLUTION #03-09-XXX RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #03- 01 (SEAL'COAT AND CRACK.FILL OF WOODLAWN ESTATES) WHEREAS, a contract has been let and costs have been determined with reference to the Woodlawn Estates, and the expenses incurred or to be recurred in the making Of such improvement amount to $10,491 so that the total cost of the improvement will be $10,491 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF tLiMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the portion of the cost of such improvement to be paid by the -City of Ramsey is hereby declared to be $5,245 and the portion of the cost to be a~sessed against benefited property owners is declared to be $5,245. 2) That the principal of the assessments shall be~in annual installments extending over a period of three years; the first of the installments to be payable on or before December 31, 2003, and shall bear interest, per annum from the dare of the adoption of the assessment resolution, at the rate of two (2) percent above the U.S. Treasury, Rate. 3) That the City Admimstrator shall calculate the proper amount to be spemal!y assessed for such improvement against even assessable lot. piece or parcel of land within the district affected, without regard to-cash valuation, as provided by law, and shall file in the city; offices a copy of such proposed assessment for public inspection. 47) That the City Administrator shall, upon the completion of such proposed assessment, notify the kamsey City Council thereof. The motion fOr the adoption of the foregoing resolution was duly seconded by Councflmember, and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: and the following abstained: and the following were absent: -145-