HomeMy WebLinkAbout2000-050 Council ResolutionCouncil Member{ l LS - introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 00-50
RESOLUTION DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT, TWILIGHT ACRES 1ST AND 2ND ADDITIONS
WHEREAS, bids have been received for the improvement of Twilight Acres and Twilight Acres 2nd
Addiiton by constructing watermain, sanitary sewer, street, and storm sewer and the bid price for such
improvement is $357,496.45, and the expenses incurred or to be incurred in the making of such
improvement amount to $237,842.48, so that the total cost of the improvement will be $595,338.93.
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 $781.00
and the portion of the cost be assessed against benefited property owners is declared to be
$594,557.93.
2. Assessments shall be payable in equal annual installments extending over a period of fifteen years,
the first of the installments to be payable on or before the first Monday in January, 2001, 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 City Clerk shall upon the completion of such propose assessment, notify the council thereof.
Adopted by the council this 8th day of May, 2000.
gACJ6L1_ ,U-sataa-
Ry-Chef Gaustad, City Clerk
Johr,�J. Berg on, Mayor
tjThe motion for adoption of the foregoing resolution was duly seconded by Council Member
�t4-C.. and upon vote being taken thereon, the following voted in favor thereof: VEL,
The following voted against same:
Whereupon said solution was declared passed and adopted.
CERTIFICATION
I hereby certify that the above is a correct copy of a resolution duly passed, adopted and approved by the
City Council on May 8, 2000.
t
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Ry-(hel Gaustad, City Clerk
AGENDA ITEM 6H
STAFF ORIGINATOR: John Powell, City Engineer
COUNCIL MEETING DATE: May 8, 2000
TOPIC: Resolution No. 00-50, Declare Costs to be Assessed and Order
Preparation of Proposed Assessment, Twilight Acres 1st and 2nd Additions
VOTE REQUIRED: Simple Majority
BACKGROUND:
Based on the bids received for this project, and other project -related engineering, legal,
and administrative costs, the total project cost has been estimated at $453,571.45.
This is about 16% under the estimated project costs presented at the public hearing last
November.
State statutes and the Lino Lakes City Charter require a formal resolution ordering
preparation of an assessment roll for improvement projects.
OPTIONS:
1. Return to staff for further review.
2. Adopt Resolution Number 00-50, Declare Costs to be Assessed and Order
Preparation of Proposed Assessment, Twilight Acres 1st and 2nd Additions
3. Not adopt Resolution No. 00-50.
RECOMMENDATION:
Option No. 2 - Staff recommends adoption of Resolution Number 00-50.