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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />IO <br />I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />Io <br /> <br /> Councilmem _.~ Polerson introduced the following resolution and moved for its adoption: <br /> i RESOLUTION #93-09-204 <br /> <br />RESOLUTION! DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARAT.~O_N OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT <br />#92-14 (B.i~.U~INOUS SURFACING OF WACO STREET N.W. AND WACO <br />DRIVE N'W~ Ft ~OM 179TH LANE N.W. TO THE NORTHERN CITY BOUNDARY) <br /> WHEt~EA~.~-~, a contract has been let and costs have been determined with reference to the <br />the improve~a~nt Of bituminous surfacing of Waco Street N.W. and Waco Drive N.W. from 179th <br />Lane N.W. t~the ~rthem City boundary and the expenses incurred or to be incurred in the making of <br />such improve~a~en(amount to $39,244 so that the total cost of the improvement will be $39,244. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, A~I~A COUNTY, STATE OF MINNESOTA, as follows: <br />1) That th~ p?tion of the cost of such improvement to be paid by the City of Ramsey is hereby <br /> declar~ to~e $0 and the portion of the cost to be assessed against benefited property owners is <br /> <br /> / . <br />2) That th~ principal of the assessments shall be in annual installments extending over a period of <br /> ten Y~s; ~e first of the installments to be payable on or before December 31, 1993 and shall <br /> bear intereat at the rate of 8.00 percent per annum from the date of the adoption of the <br /> assess~nt~eSolution. <br /> <br />3) That tl~ city Administrator shall, upon the completion of such proposed assessment, notify the <br /> Ramse~ Cigy Council thereof. <br />The motion f01ith~adoption of the foregoing resolution was duly seconded by Councilmember Beyer <br />and upon vo~ I~e~ taken thereon, the following voted in favor thereof: <br /> MayOr ! 3il .~rtson <br /> Coun~ member Peterson <br /> Council mergber Beyer <br /> Coun~ me~aber Hardin <br /> Counoil member Zimmerman <br />and the followi~_~ g voted against the same: <br /> <br /> None <br /> <br />and the followifig Were absent: <br /> <br /> None <br /> <br />and the follo~g abstained: <br /> <br /> None <br /> <br />whereupon sai~ re~olution was declared duly passed and adopted by the Ramsey City Council this the <br />28th day of S*l~tember, 1993. <br /> <br />ATTEST: <br /> <br />L~'~dminisfl'i~tor <br /> <br />l~a~or <br /> <br /> <br />