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MINUTES <br />CITY COUNCIL SPECIAL MEETING (IMPROVEMENT HEARING TWIN LAKE <br />BOULEVARD) <br />DECEMBER 14, 2022 <br />objections received and then adopt the assessments. The assessment amounts can be paid within 30 <br />days with no interest charged; otherwise they will be assessed to property taxes for a period of 10 <br />years with an interest rate that depends on the market. <br />The City Engineer reported on project funding, noting that sanitary sewer, water main and storm <br />sewer repair costs and the new trail would not be assessed. He explained that up to 50% of the <br />street costs will be funded through special assessments to benefitting property owners. The <br />Engineer then explained the special assessment process in detail which is based on the City's <br />Assessment Policy that has been in place since 1995. <br />He stated the Council is also asked to approve a Cooperative Agreement with the City of Vadnais <br />Heights that lays out the cost share between the cities and ownership and maintenance. <br />The public hearing was opened for comments from the general public. There were two residents in <br />attendance. <br />There were no comments from the public. Upon motion by Fischer, seconded by Miller, the public <br />hearing was closed. <br />Fischer introduced the following resolution and moved its adoption: <br />RESOL UTION NO. 2022-12-139 — ORDERING THE IMPROVEMENT AND <br />PREPARATION OF PLANS FOR IMPROVEMENT NO. 2023-04, TWINLAKE <br />BOULEVARD AND A UTHORIZE THE COOPERATE AND MAINTENANCE <br />AGREEMENT WITH THE CITY OF VADNAIS HEIGHTS <br />The foregoing resolution was duly seconded by McGraw. <br />Ayes (5). <br />Nays (0). Resolution declared adopted. <br />Fischer introduced the following resolution sand moved its adoption: <br />RESOL UTION NO. 2022-12-140 — APPROVING THE COOPERATE AND <br />MAINTENANCE A GREEMENT WITH THE CITY OF VADNAIS HEIGHTS FOR <br />THE TWINLAKE BOULEVARD IMPROVEMENT PROJECT 2023-04 <br />The foregoing resolution was duly seconded by Torkelson. <br />Ayes (5). <br />Nays (0). Resolution declared adopted. <br />2 <br />