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. ,~.. " )z, cf' $"- # / EXTRACT OF MINUTES OF MEETING OF CITY COUNCIL CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA . Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Arden Hills, Minnesota, was duly held in the City Hall in said City on Monday, September 9, 1985, at 7:30 o'clock p.m. The following members were present: Mayor Woodburn, Councilmembers Dale Hicks, Nancy Hansen, Gary Peck and Thomas Sather; and the following were absent: None. Also in attendance were Charlotte McNiesh, City Clerk Administrator; Dorothy Zebm, Deputy Clerk; Donald Christoffersen of Short-Elliott-Hendrickson, City Consulting Engineer; Donald Lamb, City Treasurer; James Lynden, City Attorney. Mayor Woodburn opened the public hearing on Improvement No. SS-W-P-ST-84-3, McClung Third Addition and asked Clerk-Administrator McNiesh if we have the affidavits of publication. McNiesh answered that she has an affidavit stating that the notice was published in the New Briahton Bulletin on August 21, 1985, and a Certificate of Mailing indicating that they were mailed to property owners on August 21, 1985. Christoffersen was asked to briefly explain the improvement. Christoffersen stated that this improvement includes sanitary sewer, watermain, streets and drainage to serve the McClung Third Addition. The sanitary sewer and watermain extend the length of the cuI de sac (indicated on a transparency the location of the storm drainage along a natural drainageway). Lynden was asked to explain the proposed financing. Lynden said the total cost of this project is $72,167.00; at the feasibility hearing it was estimated to cost $109,900. Lynden said there are 12 lots in this subdivision and the cost is proposed to be 100% assessed at $6,013.95/ lot. Again, this is proposed to be a 6-year payback at interest to accrue at 10.5%/annum. The first installment, principal and interest, to be payable with taxes payable in 1986, with the privilege of a 30 day prepayment, after adoption of the assessment roll. McNiesh was asked if there have been any written questions or objections. Her answer was no, Your Honor. . The hearing was opened to comments from the floor. Woodburn noted that Mr. McClung is present. (name not given) asked, on the street assessment, does the assessment include the final bituminous surfacing on the street. Christoffersen said that right now they have one finish wear course to put on; said, hopefully, we -1-