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Councilmcmbcr <br /> <br />introduced the 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 PROPOSED'. ASSESSMENT FOR IMPROVEMENT PROJECT #94-04 (SEALCOAT <br />AND CRACK F~LL ItAUSER/HY-10 RAMSEY IST, 3RD AND 4TIt ADDITIONS) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the <br />sealcoafing and craqk filling of Hauserfl-tY-10 Ramsey 1st, 3rd and 4th Additions, and thc expenses incurred <br />or to bc incurred i;n the making of such improvement amount to $5,555 so that thc total cost of thc <br />improvement will be. $5,555. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TIlE CITY OF <br />RAMSEY, ANOI{,A COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />l ) That the portion of the cost of such improvemcnt to be paid by thc Cily of Ramsey is hereby declared <br /> to be $2,452 ~nd the portion of the cost to be assessed against benefited property owners is dec]amd to <br /> be $2,453, ,,rich the remaining funds being provided from an escrow established by thc subdivision <br /> developer. <br /> <br />2) <br /> <br />That thc print;ipal oC thc assessments shall be in annual installments extending over a period of three <br />(3) years; th6first of thc installments to bc payable on or before December 31, 1995 and shall bear <br />interest at chic ram of 9.75 percent per annum from thc dale of thc adoption of thc assessment <br />rcsol u ti on. <br /> <br />3) That the City., Administrator shall calculate the proper amount to be specially assessed for such <br /> improvement:against every assessable lot, piece or parcel of land within thc district a£fcctcd, without <br /> regard to CaS~r valuation, as provided by law, :md shall file in thc oily offices a copy of such proposed <br /> assessment fei' public inspection. <br /> <br />4) That thc city~ Administrator shall, upon the completion of such proposed assessment, notify thc <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 thc following voted against the same: <br />and the following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resolu.tion was declared duly passed and adopted by thc Ramsey City Council this thc 27th <br />day of September, 1994.. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />