HomeMy WebLinkAbout92-049 (2)
.
CITY OF ARDEN mLLS
RAMSEY COUNTY, MINNESOTA
RESOLUTION 92-49
A RESOLUTION DETERMINING ASSESSED COST OF
IMPROVEMENT AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL IN TIlE MATIER OF
THE DUNLAP STREET 1992 COLD IN-PLACE RECYCLING
WHEREAS, costs have been determined for the 1992 Street Cold In-Place Recycling
Improvement consisting of a contract price of $31,304.50 and expenses incurred or
to be incurred by the City in the making of the improvement in the amount of
$10,017.44 for a total cost of the improvement of $41,321.94.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills,
Minnesota:
1. Based upon the City Assessment Policies, it is determined that the portion of this
improvement to be paid by the City and not assessed to benefited properties is $20,660.97.
2. The portion of the cost to be assessed against benefited properties pursuant to the Arden
Hills City Assessment Policies shall be $20,660.97.
.
3.
The assessments shall be payable in equal annual installments and shall extend over a
period of five (5) years, the first of the installments to be payable on or before September
15, 1992, with interest at the rate of 8.00% per annum from the date of the adoption of the
assessment resolution.
4. The City Administrator with the assistance of the Project Engineer shall forthwith calculate
the proper amount to be specially assessed for such improvement against every assessable
lot, piece, or parcel of land, without regard to cash valuation, as provided by law, and
shall have available at the City Administrator's office a copy of the proposed assessment
roll for public inspection.
5. Upon completion of the proposed assessment roll, the City Administrator shall notify the
Council and schedule a public hearing on August 17, 1992 upon the proposed assessment,
causing notice of the hearing by publication and mail to be made at least two weeks prior to
the hearing.
Passed and adopted this 13th day of July, 199,2.
.
~-'-i'~;-tU;i4 )q,i!~rj/
Thomas R. Sather,' Mayor