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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #15-01-016 RESOLUTION AMENDING RESOLUTION #14-12-250 ADOPTING SPECIAL ASSESSMENTS POLICY FOR CITY IMPROVEMENT PROJECTS WHEREAS, the City of Ramsey develops and constructs public improvement projects on a regular basis; and WHEREAS, public improvements provide benefit to residents and businesses throughout the City; and WHEREAS, State Statute 429 authorizes the City of Ramsey to collect Special Assessments from benefiting properties to help pay for public improvement projects; and WHEREAS, the Ramsey Public Works Committee assisted with the development of the Special Assessments Policy and recommends adoption of the Special Assessments Policy to help fund a portion of street reconstruction projects; and WHEREAS, the Ramsey City Council assisted with the development of the draft Special Assessments Policy to help fund a portion of street reconstruction projects. WHEREAS, section 6: #4: Interest has been amended to reflect accurate rate of interest to be charged on bonded projects. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA: 1) That the attached Special Assessments Policy will be used to help pay for public improvement projects throughout the City. 2) That the attached Special Assessments Policy does not conflict with the City Charter as related to levying special assessments to help pay for public improvements. 3) That the attached Special Assessments Policy is hereby approved with the conditions noted above. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Kuzma, and upon vote being taken thereon, the following voted in favor thereof: Mayor Strommen Councilmember Johns Councilmember Kuzma Councilmember LeTourneau