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HomeMy WebLinkAbout2003-164 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 03-164 DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF PROPOSED ASSESSMENT — INDIVIDUAL PROPERTIES WHICH REQUESTED CONNECTION TO CITY UTILITIES WHEREAS, contracts were let for installing watermain and sanitary sewer and the price for such improvements is $41,623.76, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES, MINNESOTA: 1. The portion of the cost to be assessed against benefited property owners is declared to be $41,623.76. 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 22'd day of September, 2003. './ • 4 L4.44,10.46.1.01, Ann Blair, City Clerk • Joh vf.e B ayor • AGENDA ITEM 7Mi STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: September 22, 2003 TOPIC: Resolution No. 03-164, Declaring Cost to be Assessed, Individual Properties which Requested Connection to City Utilities VOTE REQUIRED: 3/5 Vote Required BACKGROUND: There are several property owners who connected to City utilities this past year and requested the assessments be collected with their taxes. The next step in the process is to declare the costs to be assessed for each property owner. Resolution No. 03-164 is attached. • OPTIONS: 1. Adopt Resolution 03-164, Declaring Cost to be Assessed, Individual Properties which Requested Connection to City Utilites. 2. Not Adopt Resolution No. 03-164. 3. Return to staff for further review. RECOMMENDATION: Option No. 1 - Staff recommends that Resolution No. 03-164 be adopted. •