HomeMy WebLinkAbout97-010
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
RESOLUTION NO. 97-10
A RESOLUTION DETERMINING ASSESSED COST OF
IMPROVEMENT AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL IN THE MATTER OF
1997 STREET IMPROVEMENTS
WHEREAS, costs have been determined for the 1997 Street Improvements consisting of a
contract price of $595,961,60 and expenses incurred or to be incurred by the City in the making of the
improvement in the amount of $178,788.48, for a total cost of the improvement of $774,750.08.
NOW, THEREFORE, BE IT RESOLVED by the City Council for 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 benefitted properties is $419,665.32.
2.
The portion of the cost to be assessed against benefitted properties pursuant to the Arden Hills
City Assessment Policies shall be $355,084,76.
The assessments shall be payable in equal annual installments and shall extend over a period of
five years for those assessments less than or equal to $3,500, or eight years for those assessments
greater than $3,500, the first of the installments to be payable on or before the first Monday in
January, 1998, 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
to 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 upon the proposed assessment, causing notice of the hearing by
publication and mail to be made at least two weeks rior to the hearing,
PASSED AND ADOPTED BY THE CITY COUN
24th DAY OF FEBRUARY, 1997.
TY OF ARDEN HILLS THIS
ATTEST:
. Bria Fritsinger, C
C" (C'5.'?:5t:!y i,
520/080,191UU
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