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�i � � EXTRACT OF MINUTES OF MEETING OF CITY COUNCIL CITY OF ARDEN HILLS' : RAMSEY COUNTY, MINNESOTA � , �.�-�� Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Arden Hills, Minnesota, was duly held in the City Hall in said City on Monday, September 9, 1985, at 7;30 o'clock p.m. The following members were present: Mayor Woodburn, Councilmembers Dale Hicks, Nancy Hansen, Gary Peck and_Thomas Sather; and the following were absent: None. Also in attendance were Charlotte McNiesh, City Clerk Administrator; Dorothy Zehm, Deputy Clerk; Donald Christoffersen of Short-Elliott-Hendrickson, City Consulting Engineer; Donald Lamb, City Treasurer; James Lynden, City Attorney. Mayor Woodburn opened the public hearing on Improvement No. SS-W-P-ST-84-2, Lametti Addition, and asked Clerk-Administrator McNiesh if we have the affi- davits of publication. McNiesh answered yes. I have an affidavit indicating that the notice was published in the New BriAhton Bulletin on August 21, 1985 and a Certificate of Mailing stating they were mailed on August 21, 1185 to affected property owners. Christoffersen was asked to briefly describe the improvement. Engineer Christoffersen stated that this hearing is for Improvement"No. SS-W-P-ST-84-2, Lametti Addition; stated that it includes sanitary sewer, watermain, streets and storm sewer for the lots in Lametti Addition,< primarily along Lametti Lane and Lametti Circle with these extending to practically its full length. Hzcks said he recalls there is an open outlot in the center, faeing;the lake;_ it appears there is not a property line drawn there (on the transparency of the p�at). Christoffersen said, you're"right; our drawing is in error; there should be a property line about here. � ' Lynden said the total cost of this project is $157,140.00; at the feasibility hearing it was estimated to cost approximately $162,900.00. Lynden said there are 14 lots in this addition and it is proposed that the improvement cost be assessed 100� so the per lot assessment will be $11,224.28. Again, the interest rate per annum is 10.5%. The payback is over a six-year period, principal and interest"installments with the first instalZment payable in 19$6. The property owners have 30 days to prepay, after the adoption of the assess roll, without interest. McNiesh was asked by Mayor Woodburn if there are any written Questions or comments. Her answer was none, Your Honor. Woodburn opened the hearing to comments from the audience on this proposal; noted that the owner/representatives are here. _1_