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Councilmcmber <br /> <br />intrry, luced thc following resolution and moved for its adoption: <br /> <br />RESOLUTION #94-09~ <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSEI~ ASSESSMENT FOR IMPROVEMENT PROJECT #94°03 (SEALCOAT <br />AND CRACK FRILL BARTHEL'S RUM RIVER ACRES 2ND ADDITION) <br /> <br /> WHERE~S, a contract has been let and costs have been determined with reference to thc <br />sealcoating and crack filling o£ Barthel's Rum River Acres 2nd Addition and the expenses incurred or to be <br />incurred in the mal~ing of such improvement amount to $8,215 so that the total cost of thc improvement will <br />be $8,215. <br /> <br />NOW TItEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TIlE CITY OF <br />RAMSEY, AN()~A COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the portion of thc cost of such improvement to be paid by thc City of Ramscy is hereby declared <br />to be $4, I0~_ and thc portion of thc cost to be assessed against benefited property owners is declared to <br />bc $4,108. <br /> <br />2) <br /> <br />3) <br /> <br />That thc prihcipal o1' thc assessments shall be in annual installments extending over a period of three <br />(3) years; the first of the installments to be payable on or before December 31, 1995 and shall bear <br />interest at lhc rate of 9.75 percent per annum from thc date of thc adoption of thc assessment <br />resolution. <br /> <br />That thc Ci~ty Administrator shall calcul.'ltc thc proper amount to be specially asscsscd for such <br />improvcmcot 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 thc oily offices a copy of such proposed <br />assessment j'or public inspection. <br /> <br />4) That the Ciiy Administrator shall, upon thc completion of such proposed assessment, notify thc <br /> Ramscy Cit~, Council thereof'. <br /> <br />The motion for thc adoption of the foregoing resolution was du}y secOnded by Councilmcmbcr <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 thc following were absent: <br /> <br />and thc following abstained: <br /> <br />whereupon said resg~lution was declared duly passed and adopted by thc Ramsey City Council this thc 27th <br />day of September, 1994. <br /> <br />A TTES T: Mayor <br /> <br />City Administrator <br /> <br /> <br />