RES 09-027~P~~V~V l~~lr V~' ~f
A RESOLUTION FOR THE CITY OF ELK RIVER
AR~S~LUTION D~TERNIININA~~EED ~~ST ~~
Il1~PI~0~EENT AN~J ~RDERIN~ I'REPAI~ATIDI~ OF
PR~P~L~D A~M~N~T ~L Y THE MATT~~ ~~`
THE N~REOI~~, ~RT~~, I~~~I~I~, N~ A~~~IUES .AREA
STREET IM~~D~~M~~T ~F Z009
~I-IERE~S costs here been dete~•mined ~o~• the ar~oll~, o~tan, ~awell, Zing A~renues Area street
Improvement consisting of a contract price of ~33,DOQ, and expenses in.cu.rred or to be
imcurred ~~ tlxe pity in the ~naig o~ the improvement in the an~aunt o~
~~~,aa~, far a total cost of the pravenaent o£ ~~~ $,000.
~0', TI~ER~~~I~E, B~ ~T R~~~I~~~I) by the pity council o~ the pity of Eli ~ive~, Minnesota;
~ ~ Based upo~a the City Assessment Policies, it is determined that tihe partian o~ this irnprave~.ent to be
paid by tlxe City and not assessed to betie~~ted properties is 2~48,aa0~
~. The portion of the cost to be assessed against bene~~ted properties pursuant to the I~ll~ River pity
Assess~nemt Policies shall be ~7a,0aaF .
3. 'Phe assessaments shall be payable in equal annual installrr~ents and shall extend aver a period o~ 7 - ~0
years, the ~~rst of the installments to be payable an or before the First 1V~anday in~anuar~r, ~0~0, with
interest at the rate o~ 5,0°lo per annum from the date a~ ~.~e adaptia~. of the assessment resalutian.
~~ The pity Adn7inistfatar with the assistance of the P~~aject engineer shall farwid.~ calculate the
proper ao~nt to be specially assessed for such improvement against every assessable lata piece, or
parcel of land, v~.~iout regard to gash valus.~.an, as provided by lour, and s~~all have ava~labie at the
City Adrministrataf•'s affice a copy of the proposed assessment roll ~'or public inspection.
5. Upon car~pletion of the pt~opased assessment call, the pity ,~dmir~istxatar shall n.atii~y th.e Counczl
and schedule a public hearing upon the proposed assess~rnent, causing notice of the hearing by
publication and mail to be made at least two weeks prior to the hearing,
Passed and adopted this ~8~ day o~ day, ~Oa~ ,
,~ ,
r
tepha e .. Z.,tn~~ng, Gaya
ATx~T; ~ --
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L~'r ,/f
Tina Allard, pity ~lerl~
~;~~ngineerIm~r~~Proj~~0~ impro~-ement Pro~e~ts~hlarFal~ Ares 5trc~t Zxxapxovements~Res~~uti~ns~de~errn assessed cast order assess roll,doc