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consulting engineers divers'f'ed inc, <br /> p.o. box j. osseo, minnesota 55369 u (612) 425-2181 <br /> <br />civil <br />municipal <br />planning <br />environmental <br />land surveying <br />geotechnics <br /> <br />May 11, 1979 <br /> <br />Honorable Mayor and City Council <br />City of Ramsey <br />15153 Nowthen Boulevard N.W. <br />Anoka, Minnesota 55303 <br /> <br />Re: Proposed.Bituminous Street Paving <br /> 161st Avenue N.W. and Llama Street N.W. <br /> <br />Dear Council Members: <br /> <br />As requested at your April 30, 1979 council meeting, we have met with Councilmen <br />Mickelson and Sorteberg to determine the most viable method of assessing the above <br />referenced project. <br /> <br />It was agreed, at our meeting to assess the cOst of the gravel and bituminous <br />(approximately $35,000) to the benefited properties on a unit basis with the ~ity <br />picking up the remaining project costs. It was also. agreed to reduce the number <br />of units to be assessed to Delaney from 16 to 1D. <br /> <br />Following is a summary of the proposed assessment showing the unit cost, cost per <br />property owner and the annual cost based on amortization at 8 percent interest <br />for a period of 10 years. <br /> <br />SUMMARY OF PROPOSED ASSESSMENT <br /> <br />Number Capital ~Annual <br />'of.Units Costs Costs <br /> <br />Total Assessed <br /> <br />109 $ 35,000 <br /> <br />$ 5,215 <br /> <br />Cost Per Unit <br /> <br />$ 321.10 $ 47.84 <br /> <br />Oakridge Estates Share <br /> <br />35 $ 11,238 $ 1,675 <br /> <br />keith caswell jr. ~J darrell schneider ~[ richard sha <br /> <br /> <br />