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Councilmember ~ introduced thc following resolution and moved for its adoption: <br /> RESOLUTION #94-09- <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSE~ ASSESSMENT FOR IMPROVEMENT PROJECT ~93-12 (BITUMINOUS <br />SURFACING ~'F 177TH AVENUE N.W. FROM ST. FRANCIS BOULEVARD N.W. TO <br />ITS EASTERN iTERMINUS) <br /> <br /> WHEREA!S, a contract has been let and costs have been determined with reference to the <br />bituminous surfacing of 177th Avenue N.W. from St. Francis Boulevard N.W. to its eastern terminus, and <br />the expcnses incurred or to bc incurred in thc making of such improvement amount to $14,840 st) that thc total <br />cost of tim improve~nent will be $14,840. <br /> <br />NOW TItEREFr.0RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1 ) That the potion of thc cost o£ such improvement to be paid by the City of Ramscy is hereby declared <br /> to be $0 and, thc portion of Ihe cosl Io be assessed against benefiled property owners is declared to be <br /> $14,840. <br /> <br />That the prir~cipal of the assessments shall be in annual installments extending over a period of ten (10) <br />years; the fi~t of the installments to be payable on or belore December 31, 1995 and shall bear interest <br />at thc rate o~9.75 pcrccnl per annum from thc dale of the adoption of tile assessment resolution. <br /> <br />3) That thc Ci~ Administrator shall calculate the proper amount to be specially assessed for such <br /> improvemen} against ever), assessable lot, piece or parcel of land within thc district affected, without <br /> regard to ca~ valuation, as provided by law, and shall file in thc city offices a copy of such proposed <br /> assessment f6r public inspection. <br /> <br /> That the Cit}, Administrator shall, upon the completion of such proposed assessment, notify the <br /> Ramsey City,Council thereof. <br /> <br />The motion for the a~option of thc foregoing resolution was duly ser~onded by Councilmcmber <br />and upon vote being ~.aken thereon, thc following voted in faw)r thereof: <br /> <br />4) <br /> <br />and thc following vot.bd against tile same: <br /> <br />and the following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said rcsol~ution was declared dui), passed and adopted by thc Ramscy City Council this thc 27th <br />da), o1' September, 19D4. <br /> <br />ATTEST: Mayor <br /> <br />City AdministraLor <br /> <br /> <br />