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CC 08-28-1978
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CC 08-28-1978
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� <br />County Road E, located halfway bettoeen Snelling and Lexington <br />Avenue, approximately 1300 feet long, and included concrete curb <br />and gutter, paving and drainage, <br />MAYOR CREPEAU: Our fiscal consultant, I�re Popovich, will <br />explain the financing, <br />MR< POPOVICHe The total cost of this improvement is <br />5129,110,00 and 80�, or $103,288.00, will be assessed, and 20� <br />or $25,822.00, will be financed from other sources. Based on <br />the amount to be assessed, it will amount to $44.29 a front <br />foot and it will be spread over 20 years with 88 carrying charqe <br />with the riqht of prepayment. <br />The i�7ayor announced that the meeting was open for the <br />consideration of objections, if any, to said proposed assessment. <br />All persons present were then given the opportunity to present <br />oral objections, and all written objections theretofore filed <br />with the City g4anager were presented and considered, and all such <br />objections were tabulated as followse <br />There were no written communicationse <br />Mayor Crepeau announceci that he haa been called by Mre <br />Roger Hauk of Minnesota Mutual Insurance Companies, and by Mr. <br />Pat Flaherty and they indicated they had no objection to the <br />assess�nte <br />No ane appeared to be heard. <br />Councilman 6Jingert then introduced the following resolution <br />and moved its adoption: <br />RESOLUTION NO.�� <br />RESOLUTIOi�I ADOPTING AND CONFIRMING <br />SESSMENTS FOR IP'lPROVEMEt�1T id0a P-77-4 <br />BE IT RESOLVED by the City Council of the City of Arden <br />� Hills, Minnesota, as followse <br />l, The a�unt proper and necessary to be specially <br />assessed at this time for Improvement No. P-77-4 against every <br />• assessable lot, piece or parcel of land affected thereby has <br />been du2y calculated upon the basis of benefits, without regard <br />to cash valuationp in accorclance with the provisions of Minne- <br />sota Statutes, Chapter 429, as amended, and notice has been <br />
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