CCP 08-31-1992 - Laserfiche WebLink

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.<It.: , , . CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA RESOLUTION 92- A RESOLUTION DETERMINING ASSESSED COST OF IMPROVEMENT AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL IN THE MATTER OF THE 1992 ARDEN PLACE STORM SEWER IMPROVEMENT WHEREAS, costs have been determined for the 1992 Arden Place Storm Sewer Improvement consisting of a contract price of $26,048.00 and expenses incurred or to be incurred by the City in the making of the improvement in the amount of $6,512.00 for a total cost of the improvement of $32,560.00. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, Minnesota: 1. The portion of the cost to be assessed against benefited properties pursuant to the Arden Hills City Assessment Policies shall not exceed $32,560.00. .. 2. The assessments shall be payable in equal annual installments and shall extend over a ...- period of five (5) years, the first of the installments to be payable on or before October 15, 1992, with interest at the rate of 8.00% per annum from the date of the adoption of the assessment resolution. 3. The City Administrator with the assistance of the Project Engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece, or parcel of land, without regard to cash valuation, as provided by law, and shall have available at the City Administrator's office a copy of the proposed assessment roll for public inspection. 4. Upon completion of the proposed assessment roll, the City Administrator shall notify the Council and schedule a public hearing on September 28, 1992, upon the proposed assessment, causing notice of the hearing by publication and mail to be made at least two weeks prior to the hearing. Passed and adopted this 31st day of August, 1992. ATIEST: Thomas R. Sather, Mayor e Catherine 1. Iago, Deputy City Clerk RES-520.026