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Coum:~ i.,,(,~:~:~:~ :;o~:I.:eb~:g J'~troduced the following resolution and moved its
<br />a,t opt J.;,', :
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<br />RESOLUTION #88-144
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<br />RESOLIITIO~.! ~ECLA. RING COST TO BE ASSESSED AND ORDERING PREPARATION OF
<br />PROPOSE!~ A:-{~i;SSMENT (#88-5 BOWER'S MISSISSIPPI ACRES 1ST ADDITION, BOWER'S
<br />MISSIS~',iIP'~'i r. CR],]S 2ND ADDITION AND BOWER'S MISSISSIPPI ACRES 3RD ADDITION
<br />STREET ;;t,A!,~:~TING IMPROVEMENT)
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<br />~-',. ccmtract 'has been let and costs have been determined with
<br />il~e strv. ct improvements in the plats of Bower's Mississippi
<br />'.i~ i;-{~,a, Bower's Mississippi Acres 2nd Addition and Bower's
<br />.~ccc~, 3rd Addit:iom and. the contract price for such improvements
<br />and i:l,e ex]~e~ses incurred or to be incurred in the making of
<br />,,~',~t'~i amo.nt to $891.76 so that the total cost of the
<br />
<br />NOW '.l~}~!:i!~!i~(*:tl ~ i~}.; ]?.' RESO],VED BY THE CITY COUNCIL OF THE CITY OF RAMSEY,
<br />AN()I~.A r:(~l ~!'~',': :]TA'~'F. OF i~iNNF, SOTA, as follows:
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<br /> iI) '~'~ ?,>c~:;.on of the cost of such improvement to be paid by the City
<br />~',J! i'.am~,:y , h~,:~l)y dacl. a:,'ed to be $0o00 and the portion of the cost to be
<br />a~se~s:~ ~, :;~:in:~: benefJ.~:tcd property owners is declared to be $5.199.74.
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<br /> 2> A,,:¢ :;~;.,~:'nts shall be payable in equal annual installments
<br />¢~xt¢,.,>d;~ ..,~ (: :.,. i,eriod of ten years, the first of the installments to be
<br />paya'l,] ~,~, ,., l~(~.'I:(~re t4ay [I5~ 1989 and shall bear interst at the rate of 8.5
<br />])cr~ (.~! !(: ,'~n~,m fr()~,t thc date of the adoption of the assessment
<br />
<br />Admin:;.sLrator .shall upon the completion of such proposed
<br /> City Council thereof.
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<br />'i'he mn-i(~, i(,,: ;:I,(.~ adoption of the foregoing resolution was duly seconded
<br />by (;ou:~; I~.,, i.~.. I~eLu.(:a and upon vote being taken thereon, the following
<br />
<br />voted, ag~J.~st the same:
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<br />Resolution #8 8-1~
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<br />]?age 1 of 2
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