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Councilmembcr ~ introduced the following resolution and moved for its adoption: <br /> RESOLUTION #94-09-.__ <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED ASSESSMENT FOR IMPROVEMENT PRO.IECT #94-07 (SEALCOAT <br />AND CRACK FILL ALPACA ESTATES 3RD ADDITION) <br /> WHEREA~S, a contract has been let and costs have been determined with rcfcrcncc to the <br />sealcoating and crack filling of Alpaca Estates 3rd Addition, and the expenses incurred or to bc incurred in the <br />making of such improvement amount to $6,002 so that the total cost ol~ thc improvement w/Il be $6,(102. <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 />I That the pot[ion or thc cost of such improvement to be paid by the City o£ Ramsey is hereby declared <br /> to be $3,(X)1 '~and thc portion o[' thc cost to bc assessed against benefited propcr~y owners is dcclarcd to <br /> be $3.001. <br /> <br />2) Th;it the pfirlcipal of thc asscssmcnLs shall bc in annual installments cxtcnding over a period of three <br /> (3) years; th~ first of thc installments to be payable on or before December 31, 1995 and shall bear <br /> intcrcs! at ff}c rate of 9.75 percent per :mnum £rom thc date of ibc adoption o[' thc assessment <br /> resolution. <br /> <br />3) <br /> <br />4) <br /> <br />That thc Cit~ Administrator shall calculate the proper amount to bc spccial}y assessed for such <br />improvemen~against ever), assessable lot, piece or parcel ol' land within thc district affected, without <br />regard to cas[~ valuation, as provided by law, and shall file in thc city orates a copy oC such proposed <br />assessment f~r public inspection. <br /> <br />That thc City~ Administrator shall, upon thc completion o/' such proposed assessment, noti£y thc <br />Ramscy City Council therco£. <br /> <br />Thc motion for thc a~Option of the foregoing resolution was duly seconded by Councilmembcr <br />and upon vote being tgken thereon, the following voted in favor thc,..rcol': <br /> <br />and thc following voted against the same: <br /> <br />and thc following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resoI~tion was declared duly passed and adopted by the Ramsey City Council this thc 27th <br />day of September, 1994. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />