09/23/1985 Council Minutes (2) - Laserfiche WebLink

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1 1 1 109 COUNCIL MEETING September 23, 1985 Page Seven Mr. Kulaszewicz moved to adopt Resolution #85 -20. Mr. Reinert seconded the motion. Mrs. Anderson read the Resolution. Mr. Marier questioned the figures. Mr. Schumacher explained the increases in the budget came out of the surplus. After determining there was a question regarding the figures in the Resolution, Mr. Kulaszewicz withdrew his motion and Mr. Rein- ert withdrew his second. Mr. Marier moved to table Resolution #85 -20 until the next Council Meeting. Mr. Kulaszewicz seconded the motion. Motion carried unanimously. 7 :40 P.M. PUBLIC HEARING - ASSESSMENT. WEBER ADDITION - RESOLUTION #85 -16 Mr. Schumacher updated the Council beginning with the submission of a petition by the landowner and following through the installa- tion of improvements and public notices of this assessment public hearing. The City has obtained a Developers Agreement and Letter of Credit. Mr. Reinert questioned if 8% interest was sufficient. Mr. Schu- macher explained this project will be bonded with the Rice Lake Estates Project. Mrs. Anderson did check with Ron Langness at Springsted, Inc. and he felt it was sufficient because it was a short term bond and short term assessment. Mrs. Weber was in the audience and said that the assessment on one lot would be paid in October and the assessment on another lot pos- sibly before the end of the year. There was no other testimony. Mr. Kulaszewicz moved to close the Public Hearing at 7:45 P.M. Mr. Marier seconded the motion. Motion carried unanimously. Mr. Kulaszewicz moved to adopt Resolution #85 -16. Mr. Bohjanen seconded the motion. Motion carried unanimously. RESOLUTION ADOPTING ASSESSMENT WEBER ADDITION IMPROVEMENT PROJECT (PROJECT #85 -01) RESOLUTION #85 -16 CITY OF LINO LAKES, MINNESOTA WHEREAS, pursuant to proper notice duly given as re- quired by law, the Council has met and heard and passed upon