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'2� <br /> -ARzEN HILLS <br /> CITY OF ARDEN HILLS <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION NO. 2024-025 <br /> RESOLUTION ADOPTING SPECIAL ASSESSMENT ROLL <br /> FOR THE 2024 PMP STREET IMPROVEMENT PROJECT <br /> WHEREAS,pursuant to proper notice duly given as required by law, the City Council has met <br /> and heard and passed upon all objections to the 2024 PMP Street Improvement Project, the <br /> improvement of: <br /> • Keithson Drive from County State Aid Highway (CSAH) 96 West to 800 feet south of CSAH 96 <br /> West; <br /> • Royal Hills Drive from Snelling Avenue North to Arden View Drive; <br /> • Colleen Avenue from McClung Drive to Hamline Avenue North; <br /> • Norma Avenue from Dawn Circle to Briarknoll Drive; <br /> • Norma Avenue from Briarknoll Drive to Colleen Avenue; <br /> • James Avenue from Indian Oaks Trail to Colleen Avenue; <br /> • Briarknoll Circle; <br /> • Briarknoll Drive from Snelling Avenue North to Norma Avenue; <br /> • Royal Lane from Norma Avenue to Floral Drive West; <br /> • McClung Drive from Snelling Avenue North to Colleen Avenue; <br /> • Colleen Circle; <br /> • Arden Vista Court; <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ARDEN <br /> HILLS,MINNESOTA: <br /> 1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is <br /> hereby accepted and shall constitute the special assessment against the lands named therein, <br /> and each tract of land therein included is hereby found to be benefited by the proposed <br /> improvement in the amount of the assessment levied against it. <br /> 2. Such assessment is proposed to be payable in equal annual installments extending over a <br /> period of 10 years, the first of the installments to be payable on or before the first Monday <br /> in January 2025 and will bear interest at the rate of 4.75% percent per annum from the date <br /> of the adoption of the assessment resolution. To the first installment shall be added interest <br /> on the entire assessment from the date of the assessment resolution until December 31, <br /> 2024. To each subsequent installment when due shall be added interest for one year on all <br /> unpaid installments. <br /> Page 1 of 2 <br /> To view the final document, access adopted Resolutions via Arden Hills Public Laserfiche Weblink by visiting <br /> cityofardenhills.org and clicking on Archived Documents under Helpful Links on our main webpage. <br />