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Council member. <br /> <br />introduced 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 PROPOSE:) ASSESSMENT FOR IMPROVEMENT PROJECT #94-05 (SEALCOAT <br />AND CRACK ~ILL WHISPERING PINES ESTATES PLAT 5) <br /> <br /> WHERE&S, a contract has been let and costs have been determined with reference to the <br />sealcoating and cnack filling of Whispering Pines Estates Plat 5, and the expenses incurred or to bc incurred in <br />the making of sucl~ improvement amount to $1,266 so that the total cost of the improvement will be $1,266. <br /> <br />NOW THEREEORE, 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 pqrtion of thc cost of such improvement to be paid by the City of Ramscy is hereby declared <br /> to be $633 ,,and thc portion of the cost to be assessed against benefited property owners is declared to <br /> be $633. <br /> <br />2) <br /> <br />That thc principal of thc assessments shall be in annual installments extending over a period of three <br />(3) years; thc first of thc installments to bc payable on or before December 31, 1995 and shall bear <br />interest at ihc rate of 9.75 pcrccm per annum From tile date of thc adoption of tile asscssmcnl <br />resolution. <br /> <br />3) <br /> <br />4) <br /> <br />That the City Administrator shall calculate the proper amount to be specially assessed for such <br />improvcme_ht against every assessable lot, piece or parcel of land within thc district affected, without <br />regard to ca~$h valuation, as provided by law, and shall file in the oily offices a copy of such proposed <br />assessment ~or public inspection. <br /> <br />That the Ciiy Administrator shall, upon thc completion of such proposed assessment, notify tile <br />Ramscy Cit~/Council thereof. <br /> <br />The motion for the ~dopfion of thc forcgoin~ resolution was duly seconded by Councilmcmbcr <br />and upon vote being taken thereon, thc following voted in I'avor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following wcrc absent: <br /> <br />and thc following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopted by thc Ramsey City Council this thc 2?th <br />day of September, 1994, <br /> <br />A TTES T: Mayor <br /> <br />City Administrator <br /> <br /> <br />