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Councilmem~ P ~e~erson intrOduced the following resolution and moved for its <br /> adoption: <br /> <br /> RESOLUTION #93-09-206 <br /> <br />RESOLUTI[~tN~ DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARAI,.',DN~ OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT <br />#92-19 (E~ gNI~ION OF CITY WATER AND SEWER TO A POINT OF ORIGIN <br />400 FEET, AS~I' OF THE EASTERN SECTION LINE OF SECTION 23 ALONG <br />149TH LAI~ '0 ~W. TO ITS CUL-DE-SAC TERMINUS) <br /> WHI~EA~.~, a contract has been let and costs have been determined with reference to the <br />improvement[[oil ~ extension of City water and sewer to a point of origin 400 feet east of the eastern <br />section line of SeC~rOn 23 along 149th Lane N.W. to its cul-de-sac terminus and the expenses incurred <br />or to be incuff~d M the making of such improvement amount to $84,156 so that the total cost of the <br />improvement ~ill ~ $84,156. <br />NOW THER_I~FORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, i~NOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That ~ portion of the cost of such improvement to be paid by the City of Ramsey is hereby <br /> declati~ to ~ $0 and the portion of the cost to be assessed against benefited property owners is <br /> declare~!~ to ~ $99,648. <br /> <br />2) That th~ prig. cipal of the assessments shall be in annual installments extending over a period of <br /> ten y~; ~e first of the installments to be payable on or before December 31, 1993 and shall <br /> bear ii~tere~t at the rate of 8.00 percent per annum from the date of the adoption of the <br /> assesSn~ent ~esolution. <br />3) That th{ City Administrator shall, upon the completion of such proposed assessment, notify the <br /> Ramse]~ Ci~ Council thereof. <br /> <br />The motion fo~the~adopt:on of the foregoing resolution was duly seconded by Councilmember Beyer <br />and upon vot~ being taken thereon, the following voted in favor thereof: <br /> <br />Mayor <br />Coun~ <br />Coun~ <br />CounOil <br />CounOil <br /> <br />and the <br /> <br /> 3ilbertson <br /> member Peterson <br /> member Beyer <br /> tne~ber Hardin <br /> rnetiiber Zimmerman <br /> <br />followii~g voted against the same: <br /> <br />None <br /> <br />1o <br /> <br />and the followilag Were absent: <br /> <br /> None <br /> <br />and the followi~ g abstained: <br /> [ <br /> None <br /> ~ ' and adopted by the Ramsey City Council this the <br />whereupon sai~l re~lution was <br /> <br />ATTEST: <br /> <br />C~'~dminis~tor ~ <br /> <br /> <br />