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• <br />• <br />• <br />CITY OF LINO LAKES <br />Resolution No. 36 - 87 <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING <br />PREPARATION OF PROPOSED ASSESSMENT FOR THE IMPROVEMENT OF <br />4TH AVENUE AND THE CLEANING OF COUNTY DITCH #22 <br />WHEREAS, costs have been determined for the improvement <br />of 4th Avenue from Lilac Street on the South to <br />Main Street (County #14) on the North, <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO <br />LAKES, MINNESOTA: <br />1. The portion of the cost of such improvement to he paid <br />by the City is hereby declared to be zero, the cost to <br />be paid by Rice Creek Watershed District is $9,600, the <br />cost to be paid by Anoka County is $10,000 and the <br />portion of the cost to be assessed against the bene- <br />fitted property owners is declared to be $_51 }7QQ:QQ_. <br />2. Assessments shall be payable in equal annual install- <br />ments extending over a period of fifteen years, the <br />first of the installments to be payable on or before <br />the first Monday in January, 1988, and shall bear <br />interest at the rate of nine (9) per cent per annum <br />from the date of the adoption of the assessment <br />resolution. <br />3. The City Clerk, with the assistance of the City Eng- <br />ineer shall forthwith calculate the proper amount to be <br />specially assessed for such improvement against every <br />assessable lot, piece or parcel of land within the dis- <br />trict affected, without regard to cash valuation, as <br />provided by law, and she shall file a copy of such pro- <br />posed assessment in his office for public inspection. <br />4. The Clerk shall upon the completion of such proposed <br />assessment, notify the Council thereof. <br />Adopted by the Council this 24th day of August, 1987. <br />Benjamir;/G. Benson, Mayor <br />Marlyn "G. Anderson, Clerk- Treasurer <br />