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on two separate plats - the Edgewater South and the Heights of <br />Johanna Lake Additions. They are located generally north of <br />County Road D and east of Cleveland Avenue as shown on the <br />aecond drawing on the wall. The streets include concrete <br />curb and gutter and bituminous paving. <br />MAYOR CFtEPEAU: At this time would our fiscal consultant, <br />• Mr. Peter Popovich, explain the financing of this project 77-2. <br />MR. POPOVICH: The total i�rove�nt cost is $116,770.OQ. <br />There is a total of 31 lots in the two plats. All of them <br />will receive an assessment of $3,887.00 each except one lot <br />which recaives only sewer and water services. That lot will be <br />assessed at $160.00. The project will be 100� assessed. <br />There was no feasibility hearing because it was 2008 petitioned <br />for, '�he assess�nts will be spread over a 20 year period of <br />time commencing in 1979 with an 8$ carrying charge unless a <br />prepayment is made within the next 30 days after the adoption <br />of the roll tonight, or by paying interest to the end of the <br />yeax in any year should they not pay wi,thin the next 30 days. <br />The Mayor announced that the meeting was open for the <br />consideration of objections, if any, to said proposed assess- <br />ment. All persons present were then given the opportunity to <br />present oral objections, and all written objections theretofore <br />fi].ed with the City Clerk Administrator were presented and <br />considered, and all such objections were tabulated as follows: <br />There were no written communications and no one appeared <br />to be heard. <br />Councilman Crichton then introduced the following resolu- <br />tion and moved it;s adoption: <br />xEsor.vTzoN No. ��—d`0 <br />RESOLUTION AtlOPTING AND CONE'IRMING <br />ASSESSMf3NTS FOit IMPROVEMENT NO. SS-W-P-77-2 <br />BE IT RESOLVF.D by the City Council of the City of Arden <br />Hi21s, Minnesota, as follows: <br />• 1. The amount proper and necessary to be specially <br />assessed at this time for Improvement No. 35-W-P-77-2 against <br />every assessable lot, piece �r parcel of land affected thereby <br />has been duly calculated upon the basis of benefits, without <br />