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I <br />'1 <br /> I <br /> I <br /> I <br />'1 <br /> I <br /> I <br /> I <br /> I <br /> ! <br /> I <br /> I <br /> I <br /> ! <br /> I <br /> I <br /> I <br /> I <br /> <br />Councilmember .~ introduced the following resolution and moved for its adoption: <br /> i RESOLUTION #95-09- <br /> <br />RESOLUTION Ii)ECLARING COST TO BE ASSESSED AND ORDERING PREPAR/:TION <br />OF PROPOSEDi ASSESSMENT FOR IMPROVEMENT PROJECT //95-10 (BITUMINOUS <br />OVERLAY COIJNTRYSIDE ESTATES) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the bituminous <br />overlay of Count~side Estates, and the expenses incurred or to be incurred in the making of such <br />improvement amouiat to $104,415 so that the total cost of the improvement will be $104,415. <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 />1) That the potion of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br /> to be $52,2@7 and the portion of the cost to be assessed against benefited property owners is declared <br /> to be $52,208. <br /> <br />2) <br /> <br />That the prig. cipal of the assessments shall be in annual installments extending over a period of ten (10) <br />years; the lqrst 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 Cilty Administrator shall calculate the proper amount to be specially assessed for such <br /> improvemeOt against every assessable lot, piece or parcel of land within the district affected, without <br /> regard to cash valuation, as provided by law, and shall file in the city offices a copy of such proposed <br /> assessment ~or public inspection. <br /> <br />4) That the C~ty Administrator shall, upon the completion of such proposed assessment, notify the <br /> Ramsey Cit~ 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 v/ere absent: <br /> <br />and the following a,bstaincd: <br /> <br />whereupon said regolution was declared duly passed and adopted by the Ramsey City Council this the 12th <br />day of September, ~1995. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br />J <br /> <br /> <br />