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Councilmember ,; inm)duccd the following resolution and moved for its adoption: <br /> · RESOLUTION #94-09- <br /> <br />RESOLUTION D. ECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED!ASSESSMENT FOR IMPROVEMENT PROJECT g94-14 (BITUMINOUS <br />OVERLAY SOR~I'EBERG'S ADDITION) <br /> WHEREAS~, a contract ,has been let and costs have been determined with reference to the <br />bituminous overlay'_~g of Sortebcrg s Addition, and the expenses incurred or to be incurred in thc making of <br />such improvement a~iount to $23,077 so that the total cost of the improvement will bc $23,077. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOVA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1 ) That tile port}on of the cost of such improvement to be paid by tile Cily of Ramsey is hereby declared <br /> to be $0 and ~he portion of the cost to be assessed against benefited property owners is declared to bc <br /> $23,077. <br /> <br />2) <br /> <br />That thc principal of file assessments shall bc in annual installments extending over a period of ten (10) <br />years; the tirol of the installments to be payable on or before December 31, 1995 and shall bear interest <br />at the rate of ~).75 percent per annum ['rom the date of thc adoption of thc assessment resolution. <br /> <br />3) That the CilY Administrator shall calculate the proper amount to be specially assessed for such <br /> improvement}against every assessable lot, piece or parcel of lnnd within tile district affected, without <br /> regard to cas~ valuation, as provided by law, and shall file in the oily offices a copy of such proposed <br /> assessment fo~ public inspection. <br /> <br />4) That the Cityi Administralor shall, upon the completion of such proposed assessment, notify the <br /> Ramsey City Council thereof. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />and upon vote being thken thereon, the following voted in favor ther0of: <br /> <br />and thc following votad against the samc: <br /> <br />and the following were absent: <br /> <br />and thc following abstlfincd: <br /> <br />whereupon said rcsoNltion was declared duly passed and adopted by the Ramscy City Council this thc 27th <br />da}, of September, 19~}4. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Administrator <br /> <br />"'lq <br /> <br /> <br />