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," . . . RESOLUTION 93.32 CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA A RESOLUTION DETERMINING ASSESSED COST OF IMPROVEMENT AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL IN THE MATTER OF STREET MILLING IMPROVEMENT OF 1993 WHEREAS, a petition was received from residents along Briarknoll Drive, BriarknolI Circle, and Norma Avenue for additional milling improvements along their properties; and WHEREAS, it has been determined that 100% of the property owners within the affected area have signed the petition; and WHEREAS, a petition with 100% participation eliminates the need for a public improvement hearing; and WHEREAS, the costs associated with the additional milling work will be 100% funded by the affected residents, at a cost of $0.67 per adjusted front foot; and WHEREAS, costs have been determined for the Street MiIling Improvement consisting of a contract price of $2,300.00 and expenses incurred or to be incurred by the City in the making of the improvement in the amount of $0.00 for a total cost of the improvement of $2,300.00. NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Arden HilIs, Minnesota: 1. Based upon the City Assessment Policies, it is determined that the portion of this improvement to be paid by the City and not assessed to benefitted properties is $0.00. 2. The portion of the cost to be assessed against benefitted properties pursuant to the Arden HilIs City Assessment Policies shall be $2,300.00. 3. The assessments shall be payable in equal annual installments and shall extend over a period of three years, the first of the installments to be payable on or before December 31, 1994, with interest at the rate of 8.00% per annum from the date of the adoption of the assessment resolution.