Agenda - Council - 12/22/1992 - Laserfiche WebLink

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.46 ASSESSMENT AGREEMENT THIS AGREEMENT, macte and entered into Dx' and between ANNA BOE, a singie person, hereinafter "LANDOWNER" and the CITY' OF RAMSEY, a municipal corporation, hereinafter "CITY". WHEREAS, the LANDOWNER owns a parcel of land logated at 14920 Nowthen Boulevard N.W. legally described as follows: That part of the Southwest Quarter of the Northwest Quarter of Section 25, Township 32 North, Range 25 West, Anoka Coumy, Minnesota, described as follows: Commencing at the West Quarter comer of said Section 25; thence north 90`> 0 minutes 0 seconds east along the southerly line of the Northwest Quarter, a distance of 829.6 feet to the point of beginning; thence North 300 49 minutes 30 seconds West a distance of 401.96 feet; thence North 87o 34 minutes 50 seconds east a distance of 278.5 feet, more or tess, to the centerline of CSAH 5; thence southeasterly along the centerline of said CSAH 5, a distance of 430.2 feet, more or less, to said southerly line of said Northwest Quarter;, thence westerly along said southerly line a distance of 310.0 feet, more or less, to the point of beginning. The above description is subject to the Ano -ka County right-of-way for CSAH 5. WHEREAS, the CITY has undertaken a public improvement project which caused the extension of watermain becoming available to the LANDOWNER'S properb'; and WHEREAS, the LANDOWNER desires to make a connection to said watermain; and WHEREAS, under CITY policy, the LANDOWNER is responsible for paying reasonable costs associated with providing water service to the subject proper'b,. These costs are valued to be $I2/per foot with a normal thirty percent (30%) overhead cost to cover engineering inspection, design, bonding, legal and incidental costs. This unit cost applied over the 430 feet of the landowners property results in a lateral benefit of Six Thousand Seven Hundred and No/100 Dollars ($6,700.00); and WHEREAS, the CITY also requires a water trunk charge, currently Nine Hundred Thirty-six and No/100 Dollars ($936.00) for a single family residence; and NOW THEREFORE, IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1) City to prgvide service ta_ns. The CITY shall cause the watermain to be tapped with a one inch corporation stop and shall provide a one inch copper service to the LANDOWNER'S proper'fy line. The cost of this work shall be paid by the CITY as it is considered a normal cost associated with a lateral main. Landowner agrees to Sl)¢cial assessmenl;, The LANDOWNER hereby a~ees to be special assessed Six "Fnousand Seven Htmdred and No/100 Dollars ($6,700.00) lateral benefit charge and the Nine Hundred Thirty-six and No/100 Dollars ($936.00) mink water charge. The lateral benefit and trunk charge described herein shall represent full and complete payment for all benefits to the landowner's property for the extension of municipal water service with the exception that if in the future a more intensive use is made of the property beyond the current single family residential use, the City reserves the right I I I I I I I I I I I I I I I I I I I