Loading...
RES 09-041RESOLUTION 09 - ~1 A RESOLUTION FORTHE CITY DF ELI~RIVER A RESOLUTION DETERMINING .ASSESSED COST DF TIVIPRaVEMENT AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL TN THE MATTER OF WINDSOR MEADOWS FINAL LIFT OF BITUMINOUS AND OTHER ANCTLTIARY ITEMS IMPROVEMENT OF 2009 WHEREAS costs have been determined for the ~lindsor Meadows Final Lift of Bituminous and other Ancillary Items Tmprovefnent consisting o~ a contract price of $G3,000, and expenses incurred ar to be incurred by tlae City in floe mal~~g of tl~e improvement in the amount of X13,000, £or a total cost of tl~e improvement al' ~7b,000. NOW, THEREFORE, BE IT RESOLVED by the City Council o~ the City of Elk River, Minnesota: 1. Based upon the City Assessment Policies, it is determined that the portion o~ this improvement to be paid by the City and not assessed to benefited properties is ~ ~0--. 2. The portion of tl~e cost to be assessed against benefited properties pursuant to tla.e Ells River City Assessment Policies shall be ~7~,000. 3. The assessments shall be pa~Table in equal annual installments and shall extend Duct a period o~ 5 years, the fast of the installments to be payable on or before file fast Monday in January, 2010, with interest at the rate o~ 5.0% per annum from floe date of file adoption o~ the assessment resolution. ~, The City Administrator with the assistance of the Project Engineer shall ~ortl~witla calculate the proper amount to be specially assessed for such iinprove~nent against every assessable lot, piece, or parcel o~ land, without regard to cash valuation, as provided by law, and shall lave available at tl~e City Administrator's off ce a copy o~ the proposed assessment roll for public inspection. 5. Upon completion o~ the proposed assessment roll, the City Administrator sl~all notify floe Council and schedule a public hearing upon the proposed assessment, causing notice of the hearing by publication and mail to be made at least t<vo weeks prior to the hearing. Passed and adopted tl~.s 17th day of August, 2009. ~~ry w Stepha ie A. I~linzing, Mayor ATTEST: ~ ~. .~.- Ti~1a Allard, City Clerk S:~En~i~~eerImprovl'roj~2Q~9 Im~ro~~~ment I'rajects~Vi~u~dsor Meadows-IBC Tinal Lift~Resolutions~Dere~~m assessed cast.dnc