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HomeMy WebLinkAbout2003-149 Council Resolution• • CITY OF LINO LAKES RESOLUTION NO. 03-149 DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF PROPOSED ASSESSMENT 21ST AVENUE STREET & STROM SEWER IMPROVEMENT PROJECT WHEREAS, bids have been received for the improvement of 21st Avenue from Main Street south 675 feet for street reconstruction, and storm sewer improvements; and the bid price for such improvements is $228,821.90, and the expenses incurred or to be incurred in the making of such improvement amount to $131,178.10 so that the cost of the improvement will be $360,000.00. 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 of Lino Lakes is hereby declared to be zero and by the City of Centerville is hereby declared to be $120,000.00 and the portion of the cost to be assessed against benefited property owners is declared to be $240,000.00 as per the Joint Powers Agreement between the two cities. 2. Assessments shall be payable in equal annual installments extending over a period of 15 years, the first of the installments to be payable on or before May 15, 2004, and shall bear interest at the rate of 7 percent 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 lot, 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. Adopted by the Lino Lakes City Council this 8th day of September, 2003. ATTEST: Ann Blair, 91 Clerk Berg- on, Mayor • • AGENDA ITEM 71 STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: September 8, 2003 TOPIC: Resolution No. 03-149, Declaring Cost to be Assessed, 21St Avenue Street & Storm Sewer Improvement Project VOTE REQUIRED: 3/5 Vote Required BACKGROUND: A Public Hearing for the 21' Avenue Street & Storm Sewer Improvement project was held on August 12, 2002. Following the public hearing, city staff held a meeting with the City of Centerville and reviewed the Joint Powers Agreement and the proposed improvements. The City Council authorized the preparation of plans and specifications and on September 9, 2002. The bids were received on August 29, 2003 and are within the project budget. The next step in the process is to declare the costs to be assessed. The total amount to be assessed is $360,000.00 OPTIONS: 1. Adopt Resolution 03-149, Declaring Cost to be Assessed, 21' Avenue Street & Storm Sewer Improvement Project. 2. Not Adopt Resolution No. 03-149. 3. Return to staff for further review. RECOMMENDATION: Option No. 1 - Staff recommends that Resolution No. 03-149 be adopted.