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Cotmciln ~cmbcr Cook introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #05-09-295 <br /> <br />R.I,'~S¢)I.UTION DECLARING COST TO BE ASSESSED AND ORDERING <br />P RI,'. I'A RATION O F PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #05- <br />06 (BITUMINOUS OVERLAY BEAUDRY'S 2h'~), PELTZER, SECTION 22 <br />( I I.N I'I ~A TTE !)) <br /> <br /> WI IEI{I,;AS, a contract has been let and costs have been determined with reference to the <br />13itumill¢)us Ovcrlay of Beaudry's 2nd, Peltzer, Section 22 (unplatted) the expenses incurred or to <br />I~; incun'cd in tiao making of such improvement amount to $153,255 so that the total cost of the <br />i~provc~ncnt will be $153,255. <br /> <br />NOW 'I'IlEilEFOIIE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />P, AMSI~;Y, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />That thc portion of the cost of such improvement to be paid by the City of Ramsey is <br />I~crcby dcclared to be $76,628 and the portion of the cost to be assessed against benefited <br />prof~crty owners is declared to be $76,628. <br /> <br />2) <br /> <br />That the principal o£ the assessments shall be in annual installments extending over a <br />period o£ three years; the first of the instalhnents to be payable on or before December 31, <br />2005, and shall bear interest, per annum from the date of the adoption of the assesslnent <br />rc:~olution, at thc rate of two (2) percent above the U.S. Treasury Rate. <br /> <br />'1 h~tt 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 />at'l~zctcd, without regard to cash valuation, as provided by law, and shall file in the city <br />o l'ficcs a copy of' such proposed assessment for public inspection. <br /> <br />4) <br /> <br />~l'h:~t the City Administrator shall, upon the completion of such proposed assessment, <br />noti fy thc Ramsey City Council thereof. <br /> <br />'lhu ~notion for thc adoption of the foregoing resolution ,,vas duly seconded by Councilmember <br />t5 Ivig, amt upon vote being taken thereon, the following voted in favor thereof: <br /> <br />~t~¢l lilt Ibllowing voted against the same: <br /> <br />Resolution #05-09-295 <br /> 1 of 2 <br /> <br /> <br />