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Com:,cJ ~.~,,,~,', 2, o~teber~g j'f~1roduced the following resolution and moved its <br />adopt:[ ~i : <br /> <br />RESOI,UTION #88-14~ <br /> <br />RESOLI~T[OI, i ~,ECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF <br />PROPOS~iD A~4~-~}iSSMENT (#88--6 - 157TH LANE EAST OF COUNTY ROAD 56 STREET <br />SEALCOA'.~ ~t,i~; ~ ~4PROVEMENT) <br /> <br />cont'~:'aci: ]m,q been ].et and costs have been determined with <br /> i-,q'>rovements on 157th Lane east of County Road 56 <br /> for such improvements is $2,256.56 and the expenses <br /> ~ncu~':ced fn the making of such improvement amount to <br /> l::otzd_ co,~t of the improvement will be $2,723.66. <br /> <br />r,ff)W ']'H*:;i',i!i'(~ :. BI/, iT RESO],VED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, <br />~OI<A ;O i] ~?,'t' :, ~;'L'/','t'E 0I" ?,[INNESOTA, as follows: <br /> <br /> Ii ii,,, i,(),'i i. on of tt,c cost of such improvement to be paid by the City <br />(>~ ]~am (:y ~; :~e:ccby dec]ered to be $0o00 and the portion of the cost to be <br />a.~;.';er;s, ~i .~?~';.r;~ 1,enef~i ted property owners is declared to be $2,723.66. <br /> <br /> 2~ / ( ~s~-aci~i:~: ,';i~al] be payable in equal annual installments <br />extc~di ,:,: ...... ~ ~( period of ten years, the first of the installments to be <br />pay~l)]., ~,, ,. before May ]5~ 1989 and shall bear interst at the rate of 8.5 <br />pcrcev :~ ~ ~uunm f~;o~,~ ~:he date of the adoption of the assessment <br /> <br />AdmJ~:~:[si:rator shall upon the completion of such proposed <br /> City Council thereof <br /> <br />The ~,,o~ j.:>,, I~,: ;'b~~. adoi,t:.i, on of the foregoing resolution was duly seconded <br />](y co,~,~ i I,.<,,, ~e~ l'~ei, uc~ a~d upon vote being taken thereon, the following <br /> <br />and i:b(~ ;'::~ I /i~g voted ag?inst the same: <br /> <br />Resolution #88-1~ <br /> <br />Page 1 of 2 <br /> <br /> <br />