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I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br /> <br />Motion carried. Voting yes <br />Voting no <br /> <br />g) Finalizing 1983 Public Improvement Projects - The following <br /> has to be accomplished at this meeting by the Council: <br /> <br />1) Setting Interest Rate ~ Council will have to set the <br /> interest rate on special assessments which will be <br /> 10.5% (simple interest). <br /> <br />Council Action: Your action will be to set the interest <br />rate to be charged on the 1983 projects by motion. <br />The following proposed motion is hereby submitted for <br />your consideration: <br /> Motion by ~~ and seconded by_~~ <br /> to establish the interest rate of 10.5% (simplE <br /> interest) on assessed street improvement and <br /> sealcoating projects. The assessment will equal <br /> the principal payment with declini~g~balance. <br /> <br /> Motion carried. Voting yes ~~ <br /> Voting no <br /> <br />2) Adopting Resolution Declaring Costs to be Assessed <br /> and Ordering Preparation of Proposed Assessments - <br /> The Council will have to adopt the above stated <br /> resolution for each of the following projects: <br /> <br /> ~83-1 Street Improvement - MSAS Variolite Street NW <br /> and 155th Avenue NW <br /> /#83-4 Sealcoating - Klemish Addition <br /> ~'#83-5 Sealcoating - Forest Hideaway <br /> #83-6 Sealcoating - ~oodlawn Estates <br /> #83-7 Sealcoating - Autumn Heights <br /> 483-12 Sealcoating - Rum Acres Estates I and II <br /> 483-14 Sealcoating - Flintwood Hills <br /> #83-15 Street Improvement - Beaudry's 2nd and Unplat- <br /> ted Section <br /> <br />Co--cil Action: Your action will be to adopt resolutions <br />for each of the above projects. The City Engineer <br />will have a summary sheet on the projects at the meeting <br />for your review. The following proposed motion is <br />hereby submitted for your consideration in adopting <br />the above stated resolution: <br /> <br />Please note that you will have to adopt this motion <br />for each project. The proposed resolutions are contained <br />in enclosure (D2-i). ~t~ <br /> Motion by ~ ~ , and seconded by ~-~ <br /> to adopt Resolution #83-__ declaring cost to <br /> be assessed and ordered and preparation of proposed <br /> assessment for Street Improvement <br /> Project/Sealcoating Project #83- Please refer <br /> to resolution file for Resolution #83- <br /> <br />Council Old Business <br /> Page 8 of 10 <br /> <br /> <br />