HomeMy WebLinkAbout2014-050 „ -AEN HILLS
CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 2014-050
A RESOLUTION DECLARING COST TO BE ASSESSED, AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL FOR THE COUNTY ROAD
E (B-2 DISTRICT) IMPROVEMENTS
WHEREAS, a feasibility report has been prepared and accepted by the City Council
for the County Road E (13-2 District) Improvements; and the estimated cost of the
improvements is $2,067,047; made up of an estimated construction cost of$1,776,408 and
expenses for making such improvements of$290,639.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
ARDEN HILLS,MINNESOTA:
1. The portion of the cost of such improvement to be paid by the city is hereby declared to
be $1,794,907 and the portion of the cost to be assessed against benefited property owners is
declared to be $272,140.
2. Assessments shall be payable in equal annual installments extending over a period of
seven (7) years, the first of the installments to be payable on or before the first Monday in
January, 2015, and shall bear interest at the rate of 4.2 percent per annum from the date of the
adoption of the assessment resolution.
3. The City Clerk, with the assistance of the City Engineer, shall forthwith calculate the
proper amount to be specially assessed for such improvement against every assessable lot,
piece or parcel of land within the district affected, without regard to cash valuation, as
provided by law, and he shall file a copy of such proposed assessment in his office for public
inspection.
4. The City Clerk shall, upon the completion of such proposed assessment, notify the council
thereof.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS
THIS 13”DAY OF OCTOBER,2014.
1
David Grant,Mayor
ATTEST:
Amy Dietl, Ci Clerk