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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Councilmember <br /> <br />introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #96-09-__ <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED I: ASSESSMENT FOR IMPROVEMENT PROJECT #96-13 (SEALCOAT <br />AND CRACK FILL BOWER'S DRIVE) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the sealcoating <br />and crack filling of~Bower's Drive, and the expenses incurred or to be incurred in the making of such <br />improvement amounl to $9,094 so that the total cost of the improvement will be $9,094. <br /> <br />NOW THEREFO!IE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOI~A COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the port[on of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br />to be $4,547 trod the portion of the cost to be assessed against benefited property owners is declared to <br />be $4,547. <br /> <br />2) <br /> <br />That the prinaipal of the assessments shall be in annual installments extending over a period of three <br />(3) years; the ~rst of the installments to be payable with property taxes payable in 1997 and shall bear <br />interest, per ahnum from the date of the adoption of the assessment resolution, at the rote of two (2) <br />percent above the U.S. Treasury Rate. <br /> <br />That the Ci~ Administrator shall calculate the proper amount to be specially assessed for such <br />improvementggainst, every assessable lot, piece or parcel of land within the district affected, without <br />regard to cask:valuation, as provided by law, and shall file in the city offices a copy of such proposed <br />assessment roi' public inspection. <br /> <br />4) <br /> <br />That the City Administrator shall, upon the completion of such proposed assessment, notify the <br />Ramsey City Council thereof. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 9th day <br />of September, 1996. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />