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CCP 09-11-1995
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CCP 09-11-1995
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<br />I <br />I. CITY OF ARDEN HILLS <br /> MEMORANDUM <br />I <br /> DATE: September 7, 1995 <br />I <br /> TO: Brian Fritsinger, City Administrator <br />I FROM@errance Post, City Accountant <br />I SUBJECT: 1995 Street Improvement Assessment Prepayments <br />I The table below summarizes 1995 assessment prepayment activity, These are cases where the <br /> benefitting property owner chose to prepay the assessment principal amount within thirty days of <br /> resolution adoption. This action by the property owner of eliminating the assessment receivable <br />I avoided interest charges and assured that additions to future property taxes would not occur, <br /> Final Assessment PreIJavment Pct Prepayment <br />I Parcels Amount Parcels Amount Parcels Amount <br />.. 1, County Rd. F <br /> Reconstruction 34 $298,542.59 6 $21 ,892.14 18% 7% <br />I 2. Stowe Avenue <br /> Reconstruction 27 75,384.43 5 17,047,20 19% 23% <br />I 3. Bituminous Overlay 102 52,877.64 51 25,634.96 50% 49% <br /> 4. Hunters Park <br />I Overlay 68 15.491.08 J..2. 4.10495 28% 27% <br /> TOTALS 23\ $442.295.74 II $68.679,25 35% 16% <br />I <br />I <br />I <br />I <br />I- <br />I <br />
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