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RESOLUTION <br />DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF <br />PROPOSED ASSESSMENT <br />IMPROVEMENT NO. 90 -21 <br />DESOTO STREET <br />WHEREAS, <br />A contract has been let for the improvement of DeSoto Street, between <br />the south line of LaBore Road and the north line of Allen Avenue, as <br />well as the improvement of the northern and southern portions of <br />Costa Lane from DeSoto Street on the west extending approximately 104 <br />feet east by watermain, sanitary sewer, storm drainage, curb and <br />gutter, and bituminous street and the contract price for such <br />improvement is , and the expenses incurred or to be <br />incurred in making of such improvement amount to so that <br />the total cost of the improvement will be <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LITTLE CANADA, <br />MINNESOTA: <br />1. The portion of the cost of such improvement to be paid by the <br />City is hereby declared to be and the portion of the <br />cost to be assessed against benefited property owners is <br />declared to be <br />2. Assessments shall be payable in equal annual installments <br />extending over a period of years, the first of the <br />installments to be payable on or before the first Monday in <br />January, 1992, and shall bear interest at a rate of <br />percent per annum from the date of the adoption of the <br />assessment resolution. <br />3. The City Administrator, with the assistance of the City Engineer <br />(Consulting Engineer) shall forthwith calculate the proper amount <br />to be specially assessed for such improvement against every <br />assessable lot, piece or parcel of land within the district <br />affected, without regard to cash valuation, as provided by law, <br />and he shall file a copy of such proposed assessment in his <br />office for public inspection. <br />Adopted by the Council this 9th day of October, 1990. <br />Page 11 <br />