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Councihnember
<br />
<br />__ introduced the following resolution and moved for its adoption:
<br /> RESOLUTION #05-09-XXX
<br />
<br />RESOI,UTION DECLARING COST TO BE ASSESSED AND ORDERING
<br />PIlE PARATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #05-
<br />02 (SEALCOAT AND CRACKFILL AMBER RIDGE, BONA ADDITION, CEDAR
<br />IIILLS, CEDAR HILLS 2m), CEDAR HILLS 3p'~, CHESTNUT HILL, CHESTNUT HILL
<br />2~''~>, CHESTNUT HILL 3~m, CHESTNUT HILL 4TM, CHESTNUT HILL 5TM, CHESTNUT
<br />POND, CHESTNUT RIDGE, PONDVALE ESTATES, PONDVALE ESTATES 2m),
<br />RAMSEY COMMONS 2m>, RAMSEY MEADOWS, RAMSEY MEADOWS 2~),
<br />SECTION 24 (UNPLATTED), SECTION 26 (UNPLATTED), SUNFISH SQUARE,
<br />SUNFISH SQUARE 2N", SUNNY PONDS, SUNNY PONDS 2m), SUNNY PONDS 3a~,
<br />WlNDEMERE WOODS, WINDEMERE WOODS 2Nh, WOOD POND HILLS, WOOD
<br />POND HILLS 2m>, WOOD POND HILLS 3}m, WOOD POND HILLS 4TM, WOOD POND
<br />It ! 1A ~S 5TM)
<br />
<br />WIIEREAS, a contract has been let and costs have been determined with reference to the
<br />Scalcoat and Crackfill of Amber Ridge, Bona Addition, Cedar Hills, Cedar Hills 2nd, Cedar Hills
<br />3~d, Chestnut Hill, Chestnut Hill 2~d, Chestnut Hill 3rd, Chestnut Hill 4th, Chestnut Hill 5th,
<br />Chestnut Pond, Chestnut Ridge, Pondvale Estates, Pondvale Estates 2nd, Ramsey Commons 2nd,
<br />Ramscy Meadows, Ramsey Meadows 2~d , Section 24 (unplatted), Section 26 (unplatted),
<br />Stt~ll'ish Square, Sunfish Square 2nd, Sunny Ponds, Sunny Ponds 2nd, Sunlly Ponds 3rd,
<br />Windemerc Woods, Windemere Woods 2nd, Wood Pond Hills, Wood Pond Hills 2nd, Wood Pond
<br />Hills 3''d, Wood Pond Hills 4th, Wood Pond Hills 5th, and the expenses incurred or to be incurred
<br />in the making of such improvement amount to $129,864 so that the total cost of the improvement
<br />will bc $129,864.
<br />
<br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
<br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows:
<br />
<br />That the portion of the cost of such improvement to be paid by the City of Ramsey is
<br />hcreby declared to be $64,932 and the portion of the cost to be assessed against benefited
<br />property owners is declared to be $64,932.
<br />
<br />2)
<br />
<br />That the principal of the assessments shall be in annual installments extending over a
<br />period of three years; the first of the installments to be payable on or before December 31,
<br />2005, and shall bear interest, per annum from the date of the adoption of the assessment
<br />resolution, at the rate of two (2) percent above the U.S. Treasury Rate.
<br />
<br />That the City Administrator shall calculate the proper amount to be specially assessed for
<br />such improvement against every assessable lot, piece or parcel of land within the district
<br />affected, without regard to cash valuation, as provided by law, and shall file in the city
<br />o rices a copy of such proposed assessment for public inspection.
<br />
<br />Resolution #05-09-XXX
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