Laserfiche WebLink
Councilmcmb~r :~ <br /> <br />introduced the following resolution and moved for its adoption: <br /> RESOLUTION #92-09:~. <br /> <br />RESOLUTION DI$CLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED ~SSESSMENT FOR IMPROVEMENT PROJECT /192-15 (CITY WATER <br /> STREET <br /> AND <br />LATERALS:,! S,Ae~ITARY SEWER LATERALS, STORM SEWER <br />IMPROVEMENTS'~ FOR PHASE ONE WOOD POND HILLS ADDITION) <br /> WHEREAS, ia contract has been let and costs have been determined with reference to the City water <br />laterals, sanitary[scw{r laterals, storm sewer, and street improvements improvements to Phase One of Wood <br />Pond Hills Addition apd the expenses incurred or to be incurred in the making of such improvement amount to <br />$586,602.00 so that ~e total cost of the improvement will be $586,602.00. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOK~ COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the Portion of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br /> to be $235,555.00, a portion of which will be reimbursed by assessments made against Project/tgl- <br /> 13 and//91-14. The portion of the cost to be assessed against benefited property owners is declared to <br /> be $351,047.1~0. <br /> <br />2) That the prinqqpal of the assessments shall be in annual installments extending over a period of five <br /> years; thofirst[of the installments to be payable on or before May 15, 1993 and shall bear interest at the <br /> rate of 8q0 Periannum from the date of the adoption of the assessment resolution. <br /> <br />3) That the ;Cityi Administrator 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 t,~ken thereon, the following voted in favor thereof: <br /> <br />and the following vot{d against the same: <br />and the following wer~ absent: <br />and the following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 8th day <br />of September, 1992.'~ <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City AdministratOr <br /> <br /> <br />