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I <br /> I <br />'1 <br /> i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> 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 /> RESOLUTION #95-09- <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED IASSESSMENT FOR IMPROVEMENT PROJECT //95-09 (BITUMINOUS <br />OVERLAY SPORTS HAVEN/CAROL ROSE ACRES ADDITIONS) <br /> <br /> WHEREASi a contract has been let and costs have been determined with reference to the bituminous <br />overlay of Sports H~ven and Carol Rose Acres Additions, and the expenses incurred or to be incurred in the <br />making of such improvement amount to $42,639 so that the total cost of the improvement will be $42,639. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOVA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the poffion of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br /> to be $21,319 and the portion of the cost to be assessed against benefited property owners is declared <br /> to be $21,32~. <br /> <br />2) That the prinCpai of the assessments shall be in annual installments extending over a period of ten (10) <br /> years; the fi~t of the installments to be payable with property taxes payable in 1996 and shall bear <br /> interest at ~e rate of 10.75 percent per annum from the date of the adoption of the assessment <br /> resolution. : <br /> <br />3) That the City Administrator shall calculate the proper amount to be specially assessed for such <br /> improvemen,t against every assessable lot, piece or parcel of land within the district affected, without <br /> regard to casg valuation, as provided by law, and shall file in the city offices a copy of such proposed <br /> assessment f,~r public inspection. <br /> <br />4) That the City Administrator shall, upon the completion of such proposed assessment, notify the <br /> Ramsey City!Council thereof. <br />The motion for the a~loption of the foregoing resolution was duly seconded by Councilmember <br />and upon vote being ~ken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following ware absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Rarnsey City Council this the 12th <br />day of September, 1995. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />