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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(612) 484 -2177 / FAX: (612) 484 4538 <br />DATE: January 19, 1996 <br />TO: Mayor & City Council <br />FROM: Julie Manville -Camp <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Martian <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R. Hanson <br />RE: CITY'S PORTION OF ASSESSMENT FOR JACKSON, OLD C, <br />LAKESHORE AND LAKE STREETS <br />In conjunction with the 1995 street and utility improvement <br />projects, three city -owned parcels, two on Jackson Street and one <br />on Lake Street, had assessments levied against them. <br />The total amount assessed was $51,569.34 for the Jackson Street <br />parcels and $11,809.39 for the Lake Street parcel. The city's <br />portion of the project costs were funded from the Closed Bond <br />Fund and it is my recommendation that the Council authorize the <br />city's portion of the assessments to be funded from the Closed <br />Bond Fund as well. This action would be consistent with past <br />practice where the city's portion of costs and assessments come <br />from the same fund as, for example, with the Edgerton costs and <br />assessments. <br />/jm <br />Page 54 <br />