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('om~ci I~ember Cook introduced the following resolution and moved for its adoption: <br /> RESOLUTION #05-09-291 <br /> <br />I{EN()I,UTION DECLARING COST TO BE ASSESSED AND ORDERING <br />1' R E I'A RAT! ON O F PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #05- <br />02 (SEAl,COAT AND CRACKFILL AMBER RIDGE, BONA ADDITION, CEDAR <br />III I,I,S, (;EI)AR HILLS 2NI), CEDAR HILLS 3tm, CHESTNUT HILL, CHESTNUT HILL <br />2TM, CIIESTNUT HILL 3m), CHESTNUT HILL 4TM, CHESTNUT HILL ST;t, CHESTNUT <br />POND, CIIESTNUT RIDGE, PONDVALE ESTATES, PONDVALE ESTATES 2N~, <br />R,\MSI,;Y COMMONS 2ND, RAMSEY MEADOWS, RAMSEY MEADOWS 2ND, <br />SE('TION 24 (UNPI~ATTED), SECTION 26 (UNPLATTED), SUNFISH SQUARE, <br />SUNFISII SQUARE 2NI), SUNNY PONDS, SUNNY PONDS 2ND, SUNNY PONDS 3RD, <br />WINI)EMI,]III~ WOODS, WINDEMERE WOODS 2Nt~, WOOD POND HILLS, WOOD <br />PONi) IlIlA~S 2N~), WOOD POND HILLS 3m', WOOD POND HILLS 4TM, WOOD POND <br />I[II~I,S 5TM) <br /> <br />WIII~;IIEAS, a contract has been let and costs have been determined with reference to the <br />5calcoat and Cracldill of Amber Ridge, Bona Addition, Cedar Hills, Cedar Hills 2nd, Cedar Hills <br />3''1, (?he.smut Hill, Chestnut Hill 2nd, Chestnut Hill 3rd, Chestnut Hill 4th, Chestnut Hill 5th, <br />('hcslnu! Pond, Chestnut Ridge, Pondvale Estates, Pondvale Estates 2nd, Ramsey Commons 2"d, <br />14an~scy bdcadows, P, amsey Meadows 2nd , Section 24 (unplatted), Section 26 (unplatted), <br />Stll~lish Square, Sunfish Square 2nd, Sunny Ponds, Sum~y Ponds 2nd, Sum~y Ponds 3rd, <br />Windcmcrc Woods, Windemere Woods 2nd, Wood Pond Hills, Wood Pond Hills 2nd, Wood Pond <br />Hills y.d, Wood Pond Hills 4th, Wood Pond Hills 5th, and the expenses incurred or to be incurred <br />lit tl~c making of such improvelnent amount to $129,864 so that the total cost of the improvement <br />xvill bo $129,864. <br /> <br />NOW TIIEREICORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />I?AMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />I) <br /> <br />'l'l~at the portion of the cost of such improvement to be paid by the City of Ramsey is <br />hereby declared to be $64,932 and the portion of the cost to be assessed against benefited <br />iwopcrty owners is declared to be $64,932. <br /> <br />2) <br /> <br />That thc principal of the assessments shall be in annual installments extending over a <br />period of thrcc 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 />3¸) <br /> <br />q'hat thc 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 />at'l~zctcd, without regard to cash valuation, as provided by law, and shall file in the city <br />o I'/i cos a copy o f such proposed assessment for public inspection. <br /> <br />Resolution #05-09-291 <br /> 1 of 2 <br /> <br /> <br />