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Councilmember i introduced thc following resolution and moved fro'its adoption: <br />~ RESOLUTION #94-09:. <br /> <br />RESOLUTION ~DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSE~ ASSESSMENT FOR IMPROVEMENT PROJECT #94-I1 (SEALCOAT <br />AND CRACK FIILL SECTION 6 UNPLATTED) <br /> <br /> WHERE~S, a contract has been let and costs have been determined with reference to the <br />se',flcoating and cra~:k filling of Section 6 Unplatted, and the expenses incurred or to bt incurred in thc making <br />of such improvem~t amount to $23,434 so that the total cost of the improvement will be $23,434. <br /> <br />NOW TltEREF,0RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANO!~A COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the po~-ion of the cost of such improvement to be paid by thc City of Ramsey is hereby declared <br /> to be $11,7!7 and thc portion of thc cost to be assessed against benefited property owners is declared <br /> to be $11,717. <br /> <br />2) That the priflcipal or thc assessments shall be in annual inst,'filments extending over a period of three <br /> (3) years; tl~c first iff tile installments to be payable on or before December 31, 1995 and shall bear <br /> interest at the rate of 9.75 percent per annum From tl~e dale of thc adoption of thc assessment <br /> resolution. <br /> <br />3) That the Cil~y Administrator shall calculate thc proper amount to bc specially assessed for such <br /> Improvement agmnst every assessable Ir)t, pmcc or parcel of land w~thm the d~smct affected, w~thout <br /> regard to cash valuation, as provided by law, and shall file in thc ciD, offices a copy of such proposed <br /> assessment for public inspection. <br /> <br />4) <br /> <br />That the City Administrator shall, upon tile completion of such proposed assessment, notify thc <br />Ramscy CitylCouncil thcrcoL <br /> <br />The motion for the a~option of thc foregoing resolution was duly seconded by Councilmembcr <br />and upon vote being lakcn thereon, tile following voted in favor the.roof: <br /> <br />and thc following voted against thc same: <br /> <br />and the Rfllowing were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resolljtion was declared dui3, passed and adopted by the Ramsev City Council this thc 27th <br />day of September, 1994. <br /> <br />ATTEST: Mayor <br />Git), Administrator <br /> <br /> <br />