HomeMy WebLinkAbout1987-037 Council Resolution•
CITY OF LINO LAKES
Resolution No. 37 - 87
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPAR-
ATION OF PROPOSED ASSESSMENT FOR THE IMPROVEMENT ON DEER PASS
TRAIL.
WHEREAS, costs have been determined for the improvement of
the entire length of Deer Pass Trail, and this improve-
ment affects Lots 18 through 28 of the Otter Lake Hills
subdivision,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES,
MINNESOTA:
• 2.
•
The portion of the cost of such improvement t-0 be paid
by the City is hereby declared to be zero and the port-
ion of the cost to be assessed against benefited prop-
erty owners is declared to be $19,848.00.
The City Engineer shall determine the credit to be
applied to certain lots who paid the 1974 construct-
ion costs.
3. Assessments shall be payable in equal annual install -
ments extending over a period of fifteen years, the
first installments to be payable on or before the
first Monday in January, 1988, and shall bear inter-
est at the rate of nine (9) per cent per annum from
the date of the adoption of the assessment resolution.
4. The City Clerk, with the assistance of the City Eng-
ineer shall forthwith calculate the proper amount
to be specially assessed for such improvement against
every assessable lot, piece or parcel of land within
the district affected, without regard to cash valuat-
ion, as provided by law, and she shall file a copy
of such proposed assessment in her office for public
inspection.
5. The Clerk shall upon the completion of such proposed
assessment, notify the Council thereof.
Adopted by the Council this 24th day of August, 1987.
a ilyn . Anderson, Clerk- Treasurer
Benjamin G. Benson, Mayor