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CCP 04-13-1998
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CCP 04-13-1998
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<br /> ;;;\ .~ '" ~~ <br /> L: ,of i!\ <br /> ARDEN HILLS CITY COUNCIL - MARCH 30. 1998 U) U"J Iro II <br />. the Council's judgement that the project does benefit the property regardless of <br /> driveway access and rejection of the appeal is consistent with previous Council <br /> action. The motion carried unanimously (4-0). <br /> MOTION: Councilmember Malone moved and Councilmember Hicks seconded a motion to <br /> reject the appeal by Coletta Sayre, 4001 Fairview Avenue N., indicating that the <br /> cost is too high and objecting to installation of curb and gutter, because the <br /> Council believes the cost is consist with the benefit and the appeal was based on <br /> the prior assessment amount noticed to them which has already been substantially <br /> reduced and the Council has determined to fund curb and gutter costs from the <br /> SWM Fund. The motion carried unanimously (4-0). <br /> MOTION: Councilmember Hicks moved and Councilmember Aplikowski seconded a <br /> motion to adopt Resolution #98-34, Adopting Final Bituminous Overlay, <br /> Assessment Roll, 5 year Amortization with an interest rate of 8% simple interest. <br /> Council member Aplikowski stated that while this has been discussed several times she believes, <br /> for the good of the City, the interest rate should not be anything other than eight percent. <br /> Council member Hicks pointed out that the interest rate climate is not different from the last two <br /> or three years which were at eight percent and financed via the City's budget. He stated that it <br /> would not be fair to consider a lower interest rate this year. <br />. The motion carried unanimously (4-0), <br /> C. Resolution #98-35, Adopting Final Reconstruction Assessment Roll, 5 year <br /> Amortization <br /> It was noted that the Council is asked to adopt Resolution #98-35 whieh would adopt the final <br /> reconstruction assessment roll with a five year amortization. This roll is specific to those <br /> property ovmers being assessed less than $3,500 for five years. <br /> MOTION: Councilmember Hicks moved and Councilmember Aplikowski seconded a <br /> motion to adopt Resolution #98-35, Adopting Final Bituminous Overlay, <br /> Assessment Roll, 5 year Amortization with an interest rate of 8% simple interest. <br /> The motion carried unanimously (4-0). <br /> D. Resolution #98-36, Adopting Final Reconstruction Assessment Roll, 8 year <br /> Amortization <br /> It was noted that the Council is asked to adopt Resolution #98-36 which would adopt the final <br /> reconstruction assessment roll with an eight-year amortization for those property owners being <br /> assessed an amount equal to or greater than $3,500 for eight years, <br />. <br />
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