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Councilmember Connolly introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #99-08-157 <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT #99- <br />07 (BITUMINOUS OVERLAY MENKVELD'S COUNTRY PARK, MENKVELD <br />UNPLATTED, AND RAMBOSEK RED OAK ESTATES) <br /> <br /> WHEREAS, a contract has been let and costs have been determined with reference to the <br />bituminous overlaying of Menkveld's Country Park, Menkveld Unplatted, and Rambosek Red <br />Oak Estates, and the expenses incurred or to be incurred in the making of such improvement <br />amount to $105,264 so that the total cost of the improvement will be $105,264. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />l) <br /> <br />That the portion of the cost of such improvement to be paid by the City of Ramsey is <br />hereby declared to be $52,632 and the portion of the cost to be assessed against benefited <br />property owners is declared to be $52,632. <br /> <br />2) <br /> <br />That the principal of the assessments shall be in annual installments extending over a <br />period of ten years; the first of the installments to be payable on or before December 31, <br />2000, and shall bear interest, per annum from the date of the adoption of the assessment <br />resolution, at the rate of two (2) percent above the U.S. Treasury Rate. <br /> <br />3) <br /> <br />That the City Administrator shall calculate the proper amount to be specially assessed for <br />such improvement against every assessable lot, piece or parcel of land within the district <br />affected, without regard to cash valuation, as provided by law, and shall file in the city <br />offices a copy of such proposed assessment for public inspection. <br /> <br />4) <br /> <br />That the City Administrator shall, upon the completion of such proposed assessment, <br />notify the Ramsey City Council thereof. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Zimmerman, and upon vote being taken thereon, the following voted in favor thereofi <br /> <br />Mayor Gamec <br />Councilmember Connolly <br />Councilmember Zimmerman <br />Councilmember Anderson <br />Councilmember Hendriksen <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br /> <br />