Laserfiche WebLink
CITY OF LINO LAKES <br />RESOLUTION NO. 19 -89 <br />RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING FREPARAT ION OF PROPOSED <br />ASSESSMENT FOR PHASE 2 OF ERICKSONS SECOND ADDITION. <br />WHEREAS, costs have been determined for the improvement of Erlcksons Second <br />Addition Phase 2, and the construction costs and expenses incurred in the <br />making of said improvement total $419,508 <br />NCW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES, MINNESOTA: <br />1. The portion of the cost of such improvement to be paid by the city is <br />hereby declared to be $ -0- and the portion of the cost to be assessed <br />against benef ited properly owners is declared to be $419,508. <br />2. Assessments shat I be payable in equal annual installments extending <br />over a period of 15 years, the first of the installments to be payable <br />on or before the f 1rst Monday in January, 1990, and shat l bear <br />interest at the rate of 9 per cent per annum from the date of the <br />adoption of the assessment resolution. <br />3. The city clerk, with the assistance of the city engineer (consulting <br />engineer) shall forthwith calculate the proper amount to be special Iy <br />assessed for such improvement against every assessable tot, piece or <br />parcel of I and within the di strict affected, without regard to cash <br />valuation, as provided by law, and he shall file a copy of such <br />proposed assessment in his office for publ is inspection. <br />4. The clerk shat I upon the completion of such . proposed assessment, <br />notify the council thereof. <br />Adopted by the Council this 10th day of April, 191.1._ <br />Mari I yn . Anderson, CI erk- Treasurer <br />enjaml G. B son, Mayor <br />1 <br />1 <br />1 <br />