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92-023
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92-023
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<br />. <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY. MINNESOTA <br /> <br />RESOLUTION 92 - ~ <br /> <br />A RESOLUTION ESTABLISHING RESIDENTIAL <br />EQUIVALENT ASSESSMENT RATE FOR <br />STREET RECONSTRUCTION <br /> <br />WHEREAS, the City Assessment Manual outlines the methods of determining <br />that the residential equivalent assessment rate shall be based on <br />50% of the cost of street reconstruction plus all associated <br />overhead costs for a typical residential street section and 100% <br />of the cost of storm sewer improvements. <br /> <br />WHEREAS, the reconstruction of Tiller Lane requires storm sewer <br />improvements, soil s correction and street improvements as <br />presented at the February 10, 1992 public hearing for said <br />improvem~nt. <br /> <br />WHEREAS, the City Council shall establish, by resolution, the residential <br />equivalent assessment rate on an annual basis as determined by <br />comparable project data available to the City. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden <br />Hills, Minnesota: <br /> <br />. 1. The residential equivalent assessment rate for street reconstruction <br />improvements constructed in 1992 shall be $29.27 per assessable front <br />foot. <br /> <br />Passed and adopted this 30th day of March, 1992. <br /> <br /> <br />/ <br /> <br />/ <br />; <br />/ <br />l <br />_________t- <br />-/ /1 <br />I" /~t1trJ./j <br />Tom Sather, <br /> <br />/7'( <br />.' / r/r <br />i/ / ,.,~ <br />/: .' '( <br />~1/ I/"---"--~ <br />Mayor <br /> <br />.,/'/ <br /> <br />'~4~' <br /> <br />~uty City Clerk <br /> <br />. <br />
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