Laserfiche WebLink
<br />. <br /> <br />. 3. <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF ARDEN HILLS <br /> <br />RESOLUTION NO. 97-10 <br /> <br />A RESOLUTION DETERMINING ASSESSED COST OF <br />IMPROVEMENT AND ORDERING PREPARATION OF <br />PROPOSED ASSESSMENT ROLL IN THE MATTER OF <br />1997 STREET IMPROVEMENTS <br /> <br />WHEREAS, costs have been determined for the 1997 Street Improvements consisting of a <br />contract price of $595,961,60 and expenses incurred or to be incurred by the City in the making of the <br />improvement in the amount of $178,788.48, for a total cost of the improvement of $774,750.08. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Arden Hills, Minnesota: <br /> <br />1. <br /> <br />Based upon the City Assessment Policies, it is determined that the portion of this improvement <br />to be paid by the City and not assessed to benefitted properties is $419,665.32. <br /> <br />2. <br /> <br />The portion of the cost to be assessed against benefitted properties pursuant to the Arden Hills <br />City Assessment Policies shall be $355,084,76. <br /> <br />The assessments shall be payable in equal annual installments and shall extend over a period of <br />five years for those assessments less than or equal to $3,500, or eight years for those assessments <br />greater than $3,500, the first of the installments to be payable on or before the first Monday in <br />January, 1998, with interest at the rate of 8,00% per annum from the date of the adoption of the <br />assessment resolution. <br /> <br />4, <br /> <br />The City Administrator with the assistance of the Project Engineer shall forthwith calculate the <br />proper amount to be specially assessed for such improvement against every assessable lot, piece, <br />or parcel of land, without regard to cash valuation, as provided by law, and shall have available <br />to the City Administrator's office a copy of the proposed assessment roll for public inspection. <br /> <br />5. <br /> <br />Upon completion of the proposed assessment roll, the City Administrator shall notify the Council <br />and schedule a public hearing upon the proposed assessment, causing notice of the hearing by <br />publication and mail to be made at least two weeks rior to the hearing, <br /> <br /> <br />PASSED AND ADOPTED BY THE CITY COUN <br />24th DAY OF FEBRUARY, 1997. <br /> <br />TY OF ARDEN HILLS THIS <br /> <br />ATTEST: <br /> <br /> <br />. Bria Fritsinger, C <br /> <br />C" (C'5.'?:5t:!y i, <br />520/080,191UU <br /> <br />/'7C-:JP< <br />