Resolution - #19-237 - 10/08/2019

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CONTRACTOR TOTAL BID Omann Contracting Companies, Inc. $304,916.53 Asphalt Surface Technologies, Corp. $328,141.00 North Valley, Inc. $336,586.72 Northwest $361,974.76 Engineer’s Estimate $267,156.35 WHEREAS, pursuant to Ramsey City Council resolution #19-114, adopted May 14, 2019, the bid of Omann Contracting Companies, Inc. of Albertville, Minnesota, in the amount of $304,916.53 for the total bid for construction of the proposed improvements was accepted and a contract was let for said improvements; and WHEREAS, pursuant to Ramsey City Council Resolution #19-218, adopted September 10, 2019, an assessment roll was ordered and an assessment hearing was called for October 8, 2019 for said improvements; and WHEREAS, pursuant to proper notice duly given as required by law, the Council met, heard and passed upon all objections to the proposed assessment for the reconstruction of streets within the Wood Pond Hills and Chestnut Ridge developments including 146th Avenue, Helium Street, and Krypton Street, along with miscellaneous appurtenant improvements. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) Such proposed assessment, a copy of which is attached and incorporated herein, is hereby accepted and constitutes the special assessment against the listed properties. Each listed property is hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. 2) Such assessment shall be payable in equal annual installments extending over a period of 10 years, and shall bear interest at the rate of 3.90 percent per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this assessment resolution until December 31, 2020. To each subsequent installment when due shall be added interest for 1 year on all unpaid installments. 3) The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Finance Office, except that no interest shall be charged if the entire assessment is paid before November 15, 2019. Such payment must be made by November 15 or interest will be charged through December 31 of the succeeding year. In subsequent years, the property owner may at any time pay to the City the balance of the assessment remaining unpaid after the current year, provided such payment is made before November 15. Resolution #19-237 Page 2 of 3