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(;oun(:~i,,t~.~'~( Dei!,uca introduced the following resolution and moved for its <br />adopLJ ~,,~ <br /> <br />RESOLUTION #88-137 <br /> <br />RESOLII'YI'('~ ~ECI, ARING COST TO BE ASSESSED AND ORDERING PREPARATION OF <br />PROPOSE'f, Ag.q~SSMENT (#87-23 HUNTER'S HILL STREET IMPROVEMENT) <br /> <br /> W~I}4!,',~'~'; ,'~ c~m. tract has been let and costs have been determined with <br /> ~ :~ ih(~ street~ i~,~provements in the plat of Hunter's Hill and the <br />con~r~,~'~- ~ cc. ~nr such improvements is $42,263.50 and the expenses <br /> ~ ~, b~ incurred in the making of such improvement amount to <br /> 6'/ :( that the total cost of the improvement will be $57,595.17. <br /> <br />NOW TII~,it~]~]~)~ ~ BE IT RESO),VED BY THE CITY COUNCIL OF THE CITY COUNCIL OF <br />THE C,I~lv ~'~' PSHSF, Y, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br /> ]> ri,;~ i,~x,~t~;on of the cost of such improvement to be paid by the City <br />of [~mn~,ey ~:~ hez'eby dec]a~:ed to be $1,919.84 and the portion of the cost to <br />be ;~,~;~;~ d ..',;4~.,.~;n:~t benefitted property owners is declared to be <br />$55,67,, <br /> <br /> 2) L: :~ ~:,smen'i:s shall be payable in equal annual installments <br />c_~×te~di~l,i <,v~ ~ ~ l~e~:iod of ten years, the first of the installments to be <br />payabl~ o,~ ~,~ before May 15~ 1989 and shall bear interest at the rate of <br />8.56 p~,~;,~i ,>~:,~ mu_mm from the date of the adoption of the assessment <br /> <br />Administrator shall upon the completion of such proposed <br /> the l~a'msey City Council thereof. <br /> <br />The ~,0. otJ~>~, [~:. [he. adoptim~ of the foregoing resolution was duly seconded <br />by Cou~,~~i!m<'~,~r fiortebcrg and upon vote being taken thereon, the following <br /> <br />and ~:h.c I,,i ~', ~nT. voted aga.i, nst the same: <br /> <br />ami i:he [ ~,i ,:a lng abst:n, ined: <br /> <br />whereup~., ~.~i~i re~o].ul:ion was declared duly passed and adopted by the <br />Ramsey ':::t~. ~:~_m~:J] this the 26th day of July, 1988. <br /> <br />Resolution #88-137 <br /> <br /> <br />