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Councilmember <br /> <br />inlroduccd thc following resolution and moved Rjr its adoption: <br /> RESOLUTION #94-09- <br /> <br />RESOLUTION D~ECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSEDi ASSESSMENT FOR IMPROVEMENT PRO,IECT #94-{}8 (SEALCOAT <br />AND CRACK FILL HUNTERS HILL ADDITION) <br /> <br /> WHEREA~, a contract has been lot and costs have been determined with reference to the <br />sealcoating and crack filling of Hunters Hill Addition, and the expenses incurred or to be incurred in the <br />making of such imp~vement amount to $4,843 so thai the total cost of thc improvement will be $4,843. <br /> <br />NOW THEREF.O?E,.BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOVA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />l ) That the ponlon of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br /> to be $2,421 and the portion of the cost to be assessed against benefited property owners is declared to <br /> be $2,422. <br /> <br />2) <br /> <br />That the principal of thc assessments shall be in annual installments extending over a period of three <br />(3) years; the~first of thc installments to be payable on or before December 31, 1995 and shall bear <br />intcrcsl fit tho ralc of 9.75 percent per annum from the date of lhc adoption of Ihc assessment <br />resolution. <br /> <br />3) That thc City Administrator shall calculate the propcr amount to be spccially assessed for such <br /> improvement }igainst every assessable lot, piece or parcel of hind within the district affected, without <br /> regard to cash~valuation, as provided by law, and shall file in thc city ()['rices a copy of such proposed <br /> assessmcnt fo~ punic inspection. <br /> <br />4) That thc City Administrator shall, upon thc completion of such proposed assessment, notify the <br /> Ramsey Cily ~ouncil thereof. <br /> <br />The motion for the adoption of thc foregoing resolution was duly seconded by Councilmcmbcr <br />and upon vote being taken thereon, tile following voted in favor thcr. eof: <br /> <br />and thc following voted against the same: <br /> <br />and the following wer6 absent: <br /> <br />and thc following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopled by thc Ramsey City Council this IbC 27th <br />day of September, 1994. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />