08/24/1987 Council Minutes (2) - Laserfiche WebLink

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14 COUNCIL MEETING Mari 1 Anderson, Clerk- Treasurer AUGUST 24, 1987 ' RESOLUTION NO. 36 - 87, DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR THE IMPROVEMENT OF 4TH AVENUE, AND THE CLEANING OF COUNTY DITCH NO. 22. Mr. Reinert moved to adopt Resolutuion No. 36 - 87 and dispense with the reading. Mr. Marier seconded the motion. Motion carried unanimously. CITY OF LINO LAKES RESOLUTION NO. 36 - 87 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR THE IMPROVEMENT OF 4TH AVENUE AND THE CLEANING OF DTICH NO. 22. WHEREAS, costs have been determined for the improvement of 4th Avenue from Lilac Street on the South to Main Street (County #14) on the North, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES, MINNESOTA; 1. The portion of the cost of such improvement to be paid by the City is hereby declared to be zero, the cost to be paid by Rice Creek Watershed District is $9,600.00, the cost to be paid by Anoka County is $10,000.00 and the portion of the cost to be assessed against the benefited property owners is declared to be $51,700.00. 2. Assessments shall be payable in equal annual installments extend- ing over a period of fifteen years, the first of the installments to be payble on or before the first Monday in January, 1988, and shall bear interest at the rate of nine (9) per cent per annum from the date of the adoption of the assessment resolution. 3. The City Clerk, with the assistance of the City Engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable to, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and she shall file a copy of such proposed assessment in her office for public inspection. 4. The Clerk shall upon the completion of such proposed assessment, notify the Council thereof. PAGE 4 1