HomeMy WebLinkAbout91-037
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CITY OF ARDEN HILLS
RAMSEY COUNTY. MINNESOTA
RESOLUTION 91 - 37
A RESOLUTION DETERMINING ASSESSED COST OF
IMPROVEMENT AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL IN THE MATTER OF
THE NORTH SNELLING AVENUE IMPROVEMENT OF 1991
WHEREAS.
costs have been determined for the North Snellin~ Avenue
improvement consisting of a contract price of $20,900 and
expenses incurred or to be incurred by the City in the making of
the improvement in the amount of $77,100 for a total cost of the
improvement of $318,000
NOW, THEREFORE, IT IS RESOLVED by the City Council of the City of Arden
Hills, Minnesota:
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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 $143,000.
2. The portion of the cost to be assessed against benefited properties
pursuant to the Arden Hills City Assessment Policies shall be $175,000.
3. The assessments shall be payable in equal annual installments and shall
extend over a period of 10 years, the first of the installments to be
payable on or before the first Monday in January, 1992, with interest
at the rate of B% 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 assessible lot, piece, or parcel of
land, without regard to cash valuation, as provided by law, and shall
have available at the 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 upon the
proposed assessment, causing notice of the hearing by publication and
mail to be made at least two weeks prior to the hearing.
Pm'" oe" ,"opte" thi, 'cO "0' O~:II~
Thomas Sather. Mayor
ATTEST:
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Clerk/Administrator