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Councilmcmbcr. ~ introduced thc following resolution and moved for its adoption: <br />i RESOLUTION #94-09:.__ <br /> <br />RESOLUTIONiDECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSE~) ASSESSMENT FOR IMPROVEMENT PROJECT #94-06 (SEALCOAT <br />AND CRACK ~ILL SORTEBERG'S 4TH AND 5TIt ADDITIONS) <br /> WHERE4ks, a contract has been let and costs have becn determined with refcrcncc to thc <br />sealcoating and cr~ck filling of Soncberg's 4th and 5th Additions, and thc expenses incurred or to be incurred <br />in the making of s{~ch improvement amount to $5,042 so that the total cost of thc improvement will be $5,042. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL O? THE CITY OF <br />RAMSEY, ANC}KA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />2) <br /> <br />That the pc}trion of the cost of such improvement to be paid by thc City of Ramsey is hereby declared <br />to be $1358 and tile portion of the cost to be assessed against benefited property owners is declared to <br />be $1,358,'.with the remaining funds being provided from an escrow established by the subdivision <br />developer,; <br /> <br />That thc principal of thc assessments shall bc in annual instalh'nents extending over a period of three <br />(3) years; thc first of thc instalhncnts to be payable on or before Dcccmbcr 31, 1995 and shall bcar <br />interest at ~thc rate of 9.75 pcrccnt per annum from thc dale of thc adoption of thc assessment <br />resolution. - <br /> <br />3) That thc C!ty Administrator shall calculate the proper amount to be specially assessed for such <br /> improvemeflt against evcry assessable lot, picot or parcel of land within the district affected, without <br /> regard to cash valuation, as provided by law, and shall file in thc city offices a copy of such proposed <br /> assessment ',.for public inspection. <br /> <br />4) That the Cily Administralor shall, upon the complction of such proposed assessment, notify the <br /> Ramsey CitJ¢ Council thereof. <br /> ; <br />The motion for the adoption of the foregoing resolul, ion was duly seconded by Councilmcmbcr <br />and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against thc samc: <br /> <br />and thc following were abscnl: <br /> <br />and thc following ab~'taincd: <br /> <br />whereupon said resolution was declared dui3, passed and adopted by thc Ramscy City Council this thc 27th <br />day of September, 1{~94. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />