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05-13-24-R
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05-13-24-R
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Attachment C <br />CITY OF ARDEN HILLS <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION NO.2024-026 <br />RESOLUTION DECLARING COSTS TO BE ASSESSED AND <br />ORDERING PREPARATION OF PROPOSED ASSESSMENTS AND <br />CALLING FOR HEARING ON THE PROPOSED ASSESSMENTS <br />WHEREAS, the construction bids have been received for the proposed 2024 PMP Street <br />and Utility Improvements Project, the improvement of: <br />• Keithson Drive from County State Aid Highway (CSAH) 96 West to 800 feet south of CSAH <br />96 West; <br />• Royal Hills Drive from Snelling Avenue North to Arden View Drive; <br />• Colleen Avenue from McClung Drive to Hamline Avenue North; <br />• Norma Avenue from Dawn Circle to Briarknoll Drive; <br />• Norma Avenue from Briarknoll Drive to Colleen Avenue; <br />• James Avenue from Indian Oaks Trail to Colleen Avenue; <br />• Briarknoll Circle; <br />• Briarknoll Drive from Snelling Avenue North to Norma Avenue; <br />• Royal Lane from Norma Avenue to Floral Drive West; <br />• McClung Drive from Snelling Avenue North to Colleen Avenue; <br />• Colleen Circle; <br />• Arden Vista Court; <br />and the contract bid price for such improvement is $2,238,418.15, and the expenses incurred or to <br />be incurred in the making of such improvement amount to $604,372.90 so that the total cost of the <br />improvement will be $2,842,791.05; and <br />WHEREAS, the City Clerk has prepared a proposed assessment of the cost of the <br />improvement; and <br />WHEREAS, the City Clerk has notified the City Council that such proposed assessment <br />has been completed and filed at City Hall for public inspection. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF ARDEN HILLS: <br />1. The portion of the cost of such improvement to be paid by the City is hereby declared to <br />be $2,124,615.05 The portion of the cost to be assessed against benefited property owners <br />is declared to be $718,176. <br />2. Assessments shall be payable in equal annual installments extending over a period of 10 <br />years, the first of the installments to be payable with property taxes for the year 2024, and <br />shall bear an interest rate to be determine from date of the adoption of the assessment <br />resolution. <br />Page 1 of 2 <br />To view the final document, access adopted Resolutions via Arden Hills Public Laserfiche Weblink by visiting <br />cityofardenhills.org and clicking on Archived Documents under Helpful Links on our main webpage. <br />
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