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85-053 RES . . . RESOLUTION 85-53 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR BITUMINOUS OVERLAY STREET IMPROVEMENT PROJECT ON RIDGEWOOD SUBDIVISION ADDITIONS 1,2,&3 (IMPROVEMENT PROJECT 1985-1) WHEREAS, the tabulated construction costs for improvement project 1985-1 are: Construction Cost: $54,000 Administration, Engineering, Legal and Bonding: $11,000 so that the total cost of the improvement will be: $65,000. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The portion of the cost of such improvement to be paid by the Ci ty is hereby declared to be $3,000. The portion of the cost of such improvement to be assessed against benefitted property owners is declared to be $62,000. 2. The Ci ty Clerk, with the assistance of the City's Consul ting Engineer, shall forthwi th calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece, or parcel of land within the district affected, without regard to cash valuation, as provided by law, and shall file a copy of such proposed assessments in his office for public inspection. The City Clerk, shall, upon completion of such proposed assessment, notify the Council thereof. Passed and adopted by the Elk River City Council on this seventh day of October, 1985. // / .i.~' '/" '.~:;7 L""t:_';{fi;;;:~ .. <"(./." .1:( Richard Hinkle, Mayor ATTEST: ~~x~. Th6mas R. Bubl tz, City Administrator