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('otmcillncmber Cook introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #05-09-292 <br /> <br />I~I.;S()I.UTION I)ECLAI~.ING COST TO BE ASSESSED AND ORDERING <br />i'RI~: PA RATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #05- <br />03 (SI,;AI,COAT AND CRACKFILL GORHAM'S SANDY ACRES ESTATES, SECTION <br />24 ([JN~I~I~ATTI~,I)) <br /> <br /> \VI IEREAS, a contract has been let and costs have been determined with reference to the <br />Sc~lco;~t aml Crackfill of Gorham's Sandy Acres Estates, Section 24 (unplatted), and the <br />expenses incurred or to be incurred in the making of such improvement amount to $17,222 so <br />ll~at thc~, total cost of the improvement will be $17,222. <br /> <br />NOW THERElrORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />I~AMSI,;Y, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />~l'hat thc portion of the cost of such improvement to be paid by the City of Ramsey is <br />hca'thy declared to be $8,611 and the portion of the cost to be assessed against benefited <br />p~-opcrty owners is declared to be $8,611. <br /> <br />'l'hat 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 />3) <br /> <br />'l'l~at 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 />;tl't'cctcd, withottt regard to cash valuation, as provided by law, and shall file in the city <br />el'rices a copy of such proposed assessment for public inspection. <br /> <br />~lhat thc City Administrator shall, upon the completion of such proposed assessment, <br />noti fy the Ramsey City Council thereof. <br /> <br />'l h~ ~notion f'or thc adoption of the foregoing resolution was duly seconded by Councilmember <br />1! Ivig, ;tnd upon vote being taken thereon, the following voted in favor thereof: <br /> <br />:md lh~ [¥11owing voted against the same: <br /> <br />Resolution #05-09-292 <br /> 1 of 2 <br /> <br /> <br />