HomeMy WebLinkAbout2003-162 Council Resolution•
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CITY OF LINO LAKES
RESOLUTION NO. 03-162
DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT, WEST SHADOW PONDS PROJECT
WHEREAS, bids have been received for the installation of sanitary sewer, water,
storm sewer and road improvements for the West Shadow Ponds development;
and the bid price for such improvements is $327,809.05, and the expenses
incurred or to be incurred in the making of such improvement amount to
$144,465.95 so that the cost of the improvement will be $472,275.00.
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 is
hereby declared to be $19,975.00 and the portion of the cost to be
assessed against benefited property owners is declared to be
$452,300.00.
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 the first Monday in January 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 22nd day of September, 2003.
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John Ber son, Mayor
Ann Blair, City Clerk
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AGENDA ITEM 7Li
STAFF ORIGINATOR: James E. Studenski, City Engineer
COUNCIL MEETING DATE: September 22, 2003
TOPIC: Resolution No. 03-162, Declaring Cost to be Assessed, West
Shadow Ponds Project
VOTE REQUIRED: 3/5 Vote Required
BACKGROUND:
The preliminary plat for West Shadow Ponds was approved in 2001. The
developer, Richard S. Carlson & Associates, has submitted a petition to have
certain improvements installed by the City. All costs for these improvements will
be assessed back to West Shadow Ponds per the development agreement. The
improvements to be installed under City contract include the watermain, sanitary
sewer, storm sewer, and the road pavement including aggregate base. The
project limits are from 62nd Street to the south end of existing West Shadow Lake
Drive.
On April 8, 2002, City Council authorized the preparation of plans and
specifications. The bids were received on August 1, 2002 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 $452,300.00. Resolution No. 03-162 is attached.
OPTIONS:
1. Adopt Resolution 03-162, Declaring Cost to be Assessed, West Shadow
Ponds Project.
2. Not Adopt Resolution No. 03-162.
3. Return to staff for further review.
RECOMMENDATION:
Option No. 1 - Staff recommends that Resolution No. 03-162 be adopted.