Laserfiche WebLink
<br />- <br />- <br />- STATE OF MINNESOTA <br />-_ COUNTY OF RAMSEY <br /> CITY OF ARDEN HILLS <br />I RESOLUTION NO. 97-10 <br />. A RESOLUTION DETERMINING ASSESSED COST OF <br /> IMPROVEMENT AND ORDERING PREPARATION OF <br /> PROPOSED ASSESSMENT ROLL IN THE MATTER OF <br />I 1997 STREET IMPROVEMENTS <br />I WHEREAS, costs have been determined for the 1997 Street Improvements consisting of a <br /> contract price of $595,961.60 and expenses incurred or to be incurred by the City in the making of the <br /> improvement in the amount of $178,788.48, for a total cost of the improvement of $774,750.08. <br />I NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Arden Hills, Minnesota: <br />I 1. Based upon the City Assessment Policies, it is determined that the portion of this improvement <br /> to be paid by the City and not assessed to benefitted properties is $419,665.32. <br />I 2. The portion of the cost to be assessed against benefitted properties pursuant to the Arden Hills <br /> City Assessment Policies shall be $355,084.76. <br />.e 3. The assessments shall be payable in equal annual installments and shall extend over a period of <br /> five years for those assessments less than or equal to $3,500, or eight years for those assessments <br />I greater than $3,500, the first of the installments to be payable on or before the first Monday in <br /> January, 1998, with interest at the rate of 8.00% per annum from the date of the adoption of the <br /> assessment resolution. <br />I 4. The City Administrator with the assistance of the Project Engineer shall forthwith calculate the <br /> proper amount to be specially assessed for such improvement against every assessable lot, piece, <br />. or parcel of land, without regard to cash valuation, as provided by law, and shall have available <br /> to the City Administrator's office a copy of the proposed assessment roll for public inspection. <br />I 5. Upon completion of the proposed assessment roll, the City Administrator shall notify the Council <br /> and schedule a public hearing upon the proposed assessment, causing notice of the hearing by <br /> publication and mail to be made at least two weeks prior to the hearing. <br />. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS <br />I 24th DAY OF FEBRUARY, 1997. <br />~ Dennis Probst, Mayor <br /> ATTEST: <br /> Brian Fritsinger, City Administrator <br />I 5201080.191 Lfeb <br />