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<br />- <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY. MINNESOTA <br /> <br />RESOLUTION 91 - ~ <br /> <br />A RESOLUTION DETERMINING ASSESSED COST OF <br />IMPROVEMENT AND ORDERING PREPARATION OF <br />PROPOSED ASSESSMENT ROLL IN THE MATTER OF PROJECT 89-1 <br />CLEVELAND AVENUE SANITARY SEWER & WATER MAIN IMPROVEMENTS <br /> <br />WHEREAS. costs have been determined for the Cleveland Avenue Sanitary Sewer <br />and Water Main improvement consisting of a contract price of <br />$223,920.78 and expenses incurred or to be incurred by the City in <br />the making of the improvement in the amount of $58,400.87 for a <br />total cost of the improvement of $282,321.65. <br /> <br />NOW, THEREFORE, IT IT RESOLVED by the City Council of the City of Arden <br />Hills, Minnesota: <br /> <br />1. Based upon the City Assessment Policies, it is determined that the <br />portion of this improvement to be paid by the City and not assessed to <br />benefited properties is $106,321.65. <br /> <br />2. The portion of the cost to be assessed against benefited properties <br />pursuant to the Arden Hills City Assessment Policies shall be <br />$176,000. <br /> <br />. <br /> <br />3. The assessments shall be payable in equal annual installments and shall <br />extend over a period of 10 years, the first of the installments to be <br />payable on or before the first Monday in January, 1992, with interest <br />at the rate of 8.00% per annum from the date of the adoption of the <br />assessment resolution. <br /> <br />4. The City Administrator with the assistance of the Project Engineer <br />shall forthwith calculate the proper amount to be specially assessed <br />for such improvement against every assessable lot, piece, or parcel of <br />land, without regard to cash valuation, as provided by law, and shall <br />have available at the City Administrator's office a copy of the pro- <br />posed assessment roll for pUblic inspection. <br /> <br />5. Upon completion of the proposed assessment roll, the City <br />Administrator shall notify the Council and schedule a public hearing <br />upon the proposed assessment, causing notice of the hearing by <br />publication and mail to be made at least two weeks prior to the <br />hearing. <br /> <br />Passed and adopted this 12th day of August , 1991. <br /> <br /> <br />--rLM !/t1L-- <br /> <br />Tom Sather, Mayor <br /> <br />ATTEST: <br /> <br />. <br /> <br /> <br />Cl rk/Administrator <br />