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Councilmcmbcr <br /> <br />introduced the following resolution and moved for its adoption: ' <br /> RESOLUTION #94-09- <br /> <br />RESOLUTION ~ECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSEDiASSESSMENT FOR IMPROVEMENT PROJECT #94-I0 (SEALCOAT <br />AND CRACK FILL GOLDEN EAGLE ESTATES) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the <br />sealcoating and cradk filling or Golden Eagle Estates, and thc expenses incurred or to be incurred in the <br />making of such imprbvement amount to $22,147 so that the total cost of thc improvement will bc $22,147. <br /> <br />NOW THEREF.O?E, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOK~ COUNTY, STATE OF MINNESOTA, as foih)ws: <br /> <br />1) That the pont'on of the cost of such improvement to be paid by thc City of Ramscy is hereby declared <br /> to be $11,073' and thc portion of thc cost to be assessed against benefited property owners is declared <br /> to be $11,074. <br /> <br />2) That the principal of thc assessments shall be in annual installments extending over a period of three <br /> (3) years; thcifirst of thc installments to be payable on or before December 31, 1995 and shall bear <br /> interest at thc rate of 9.75 percent ocr annum f'rom the date off thc adoption of thc assessment <br /> resolution. <br /> <br />3) <br /> <br />That the City Administrator shall calculate the proper amount to be specially assessed for such <br />improvement Sgainst every assessable lot, piece or parcel of land within thc 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 />assessmen! leo public inspection. <br /> <br />4) That the CityiAdministrator shall, upon thc complction of such proposed assessment, notify the <br /> Ramscy City ~ouncil thereof. <br /> <br />The motion for the adoption or thc foregoing resolution was duly seconded by Councilmcmbcr <br />and upon vote being taken thereon, thc folk)wing voted in favor ther. cof: <br /> <br />and the following voted against thc same: <br /> <br />and thc following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said rcsolufi0n was dcclarcd duly passed and adoplcd by iht Ramscy City Council this thc 2?th <br />day of September, 1994. <br /> <br />ATTEST: Mayor <br /> <br />City Administrator <br /> <br /> <br />