Laserfiche WebLink
<br /> STATE OF [\II""ESOT A <br /> COU"TY OF RAMSEY <br /> CITY OF ARDE:'! HILLS <br /> . RESOLUTION 98-31 <br /> A RESOLUTlO:'! DETERMINING ASSESSED COST OF IMPROVL\IENT AND <br /> ORDERING PREP ARA TlON OF PROPOSED ASSESSMENT ROLL IN THE <br /> MATTER OF 1998 STREET IMPROVEMENTS <br /> WHEREAS, costs have been determined for the 1998 Street Improvements consisting of a <br /> contract price of 5620,635.34 and expenses incurred or to be incurred by the City in the making <br /> of the improvement in the amount of5160,362.17, for a total cost of the improvement of <br /> 5780,997.5l. <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, <br /> Minnesota: <br /> l. Based upon the City Assessment Policies, it is determined that the portion of this <br /> improvement to be paid by the City and not assessed to benefitted properties is <br /> $403,586.37. <br /> 2. The portion of the cost to be assessed against benefitted properties pursuant to the Arden <br /> Hills City Assessment Policies shall be 53 77,41l.14. Including 5141,688 to the City of <br /> New Brighton for their share of Stowe Avenue reconstmction costs. <br /> . 3. The assessments shall be payable in eqLlal annual installments and shall extend over a <br /> period of five years for those assessments less than or equal to 53,500, or eight years for <br /> those assessments greater than 53,500, the first of the installments to be payable on or <br /> before the first Monday in January, 1999, with interest at the rate of 8.00% per annum <br /> from the date of the adoption of the assessment resoltLtion. <br /> 4. The City Administrator with the assistance of the Project Engineer shall forthwith <br /> calculate the proper amount to be specially assessed for sllch improvement against every <br /> assessable lot, piece, or parcel ofland, without regard to cash valuation, as provided by <br /> law, and shall have available to the City Administrator's office a copy of the proposed <br /> assessment roll for public inspection. " <br /> " <br /> 5. Upon completion of the proposed assessment roll, the City Administrator shall notify the <br /> Council and schedule a pLlblic hearing upon the proposed assessment, causing notice of <br /> the hearing by publication and mail to be made at least two weeks prior to the hearing. <br /> PASSED Ai'm ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS <br /> THIS 9TH DAY OF MARCH, 1998. <br /> DENNIS PROBST, MAYOR <br /> . ATTEST: <br /> BRIAN FRITS INGER, CITY ADMINISTRATOR <br />