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RESOLUTION DECLARING COST TO BE ASSESSED AND <br />ORDERING PREPARATION OF PROPOSED ASSESSMENT <br />KELLER PARKWAY (County Road C, south to 820 Carla Lane) <br />IMPROVEMENT NO. 2017-04 <br /> <br />WHEREAS, <br /> <br />Bids have been received for the improvements of Keller Parkway by mill and overlay. <br />Ramsey County is responsible for a larger portion of Keller Parkway, and will be <br />resurfacing this roadway from Edgerton Street to County Road C. Little Canada is <br />responsible for the west side of Keller Parkway from County Road C, south to 820 Carla <br />Lane. The area proposed to be assessed by the City of Little Canada for such <br />improvement is all Little Canada properties abutting said improvements as described <br />above. The estimated cost that would be Little Canada’s portion of the improvement is <br />$21,270.00. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LITTLE <br />CANADA, MINNESOTA: <br /> <br />1. The portion of the cost of such improvement to be paid by the City is hereby <br />declared to be $21,270 and the portion of the cost to be assessed against benefited <br />property owners is declared to be $4,250. <br /> <br />2. Assessments shall be payable in equal annual installments extending over a period <br />of ten years, the first of the installments to be payable on or before the first <br />Monday in January, 2018, and shall bear interest at the rate of 4% (four percent) <br />from the date of the adoption of the assessment resolution. <br /> <br />3. The City Administrator, with the assistance of the City Engineer shall forthwith <br />calculate the proper amount to be specially assessed for such improvement against <br />every assessable lot, piece or parcel of land within the district affected, without <br />regard to cash valuation, as provided by law, and he shall file a copy of such <br />proposed assessment in his office for public inspection. <br /> <br />4. The City Administrator shall upon the completion of such proposed assessment, <br />notify the Council thereof. <br /> <br />Adopted by the Council this 27th day of September, 2017. <br /> <br /> <br /> _______________________________ <br /> John T. Keis, Mayor <br /> <br /> <br />Attest: __________________________________________ <br /> Joel R. Hanson, City Administrator <br />7