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<br />Councilmember introduced the following resolution and moved for its adoption: <br /> <br />c. ..~ <br /> <br />RESOLUTION #07-09-XXX <br /> <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARATION OF PROPOSED ASSESSMENT FOR IMPROVEMENT PROJECT <br />#07-05 (SEALCOAT AND CRACKFILL HIGHPOINT & 156TH AVENUE) <br /> <br />WHEREAS, costs have been determined with reference to the sealcoat and crackfill of <br />Highpoint & 1561h Avenue and the expenses incurred or to be incurred in the making of such <br />improvement amount to be $36,862.07 so that the total cost of the improvement will be <br />$36,862.07. <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 />1) That the portion of the cost of such improvement to be paid by the City of Ramsey is <br />hereby declared to be $18,431 and the portion of the cost to be assessed against benefited <br />property owners is declared to be $307.17. <br /> <br />2) That the principal of the assessments shall be in annual installments extending over a <br />period of three years; the first of the installments to be payable on or before December 31, <br />2007, and shall bear interest, per annum from the date of the adoption of the assessment <br />resolution, at tbe rate of two (2) percent above the U.S. Treasury Rate. <br /> <br />3) 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) That the City Administrator shall, upon the completion of such proposeq 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 />and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council <br />this the 111h day of September 2007. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />Resolution #07-09-XXX <br />1 of 1 <br /> <br />-95- <br /> <br />- <br />