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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #15-08-193 <br />RESOLUTION APPROVING ASSESSMENT AGREEMENT FOR RIDGEPOINT <br />DEVELOPMENT IMPROVEMENTS, IMPROVEMENT PROJECT #15-21 <br />WHEREAS, Village Bank is proposing to construct a seven (7) unit single-family <br />residential development known as the Ridgepoint development on property it owns as described <br />in the attached Assessment Agreement; and, <br />WHEREAS, Village Bank desires to have the City construct the public improvements <br />for the Ridgepoint development; and <br />WHEREAS, Village Bank agrees to the City specially assessing 100% of the costs to <br />construct the proposed public improvements against the seven parcels within the Ridgepoint <br />development. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA: <br />1) That said Assessment Agreement is hereby approved allowing the City to assess Village <br />Bank for 100% of the costs incurred by the City to construct the Ridgepoint development <br />public improvements. <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 />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council <br />this the 11th day of August, 2015. <br />ATTEST: <br />City Clerk <br />Mayor <br />RESOLUTION #15-08-193 <br />Page 1 of 1 <br />