HomeMy WebLinkAbout94-030
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CITY OF ARDEN HILLS
RAMSEY COUNTY, MINNESOTA
RESOLUTION 94-30
A RESOLUTION DETERMINING ASSESSED COST OF
IMPROVEMENT, ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL
AND SETTING THE ASSESSMENT HEARING DATE IN THE MATTER OF
THE 1994 PAVEMENT MANAGEMENT IMPROVEMENT
WHEREAS, costs have been determined for the 1994 Pavement Management Improvement consisting
of a contract price of $331,521.30 and expenses incurred or to be incurred by the City in
the making of the improvement in the amount of $106,086.82 for a total cost of the
improvement of $437,608.12.
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 $222,321.20.
2.
The portion of the cost to be assessed against benefitted properties pursuant to the City of Arden
Hills Assessment Policies shall be $215,286.92.
3. The assessments shall be payable in equal annual installments and shall extend over a period of
five years for assessments less than $3,500, and eight years for assessments equal to or greater
than $3,500, the first of the installments to be payable on or before December 31, 1994, 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. An assessment hearing shall be held before the City Council on the proposed assessments on the
23rd day of May, 1994, at 7:30 o'clock p.m. at New Brighton City HalL
6. The City Administrator shall provide ten days mailed notice and two weeks published notice of
the assessment hearing as required by law.
P"red md ,dop"" lhl, 11th d" of April, I~ 4L
Thomas R. Sather, Mayor
. ATTEST:
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520/000-0601.apr