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TO: Mayor and City Council <br /> <br />FRO~I: City Administrator <br /> <br />RE: New Business Critique <br /> <br />Enclosure (1) <br /> <br /> (2) <br /> <br />(4) <br /> <br />Agreement signed by Tom Holker on subdivision request (D2-a) <br /> <br />City Engineer Raatikka's letter of November 22, 1978 <br />on High Point (D2-b) <br /> <br />Gateway North Development Contract (D2-.c) <br /> <br />City Engineer Raatikka's letter of November 15, 1978 on <br />Gateway North Industrial Park (D2-d) <br /> <br />November 3, 1978 letter from the Minnesota Department of <br />Transportation (D2-e) <br /> <br />CASE 1: <br /> <br />~)OPTION OF ASSESSMENT RESOLUTIONS: <br /> <br />Council Action will be required on each of the following con- <br />struction projects. <br /> <br />a) Adoption of resolution #78-41 for Assessing out Construction <br />Project #78-3 (Azurite, Yttrium, Zirconium, 162nd Avenue, 164th <br />Lane and 166th Avenue N.W.) <br /> <br />b) Adoption of resolution #78-42 for Assessing out Construction <br />Project #78-4 (}ghispering Pines Estates) <br /> <br />c) Adoption of Resolution #78-43 for Assessing out Construction <br />Project #78-1 (Menkveld's Country Park) <br /> <br />d) Adoption of Resolution #78-44 for Assessing out Construction <br />Project #78-2 (Greenland Hills #2). <br /> <br />Note: There are two ways of computing these assessments which are <br />~o].lows: <br /> <br />1) Declining balance method - This is the cheaper of the two <br />methods cost wise to the landowner who is being assessed. <br /> <br />2) Equal payment method - this method generally fits best for <br />landowners who are financing their homes through a mortgage <br />company and want the assessment costs added to their monthly <br />house payment. <br /> <br />Whatever method is established it should be the same for all <br />projects to keep a continuity in our assessment practices. <br /> <br /> <br />