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Councilmember <br /> <br />introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION g93-09- <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION <br />OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT g93-05 (SEALCOATING <br />AND CRACKFILLING IMPROVEMENT TO GORHAM'S SANDY ACRES ADDITION <br />AND UNPLATTED SECTION 24) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the <br />improvement sealcoating and crackfilling of Gorham's Sandy Acres Addition and Unplatted Section 24 and <br />the expenses incurred or to be incurred in the making of such improvement amount to $15,101 so that the total <br />cost of the improvement will be $15,101. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the portion of the cost of such improvement to be paid by the City of Ramsey is hereby declared <br />to be $7,550 and the portion of the cost to be assessed against benefited property owners is declared to <br />be $7,551. <br /> <br />2) <br /> <br />3) <br /> <br />That the principal of the assessments shall be in annual installments extending over a period of three <br />years; the first of the installments to be payable on or before December 31, 1993 and shall bear interest <br />at the rate of 8.00 percent per annum from the date of the adoption of the assessment resolution. <br /> <br />That the City 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 taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following were absent: <br /> <br />and the following abstained: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 28th <br />day of September, 1993. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Administrator <br /> <br /> <br />