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HomeMy WebLinkAbout1990-035 Council ResolutionCouncil Member Bohjanen introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 35 — 90 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR WOODRIDGE ESTATES, ROHAVIC OAKS, II AND SURROUNDING AREAS WHEREAS: contracts have been awarded for improvement of Woodridge Estates, Rohavic Oaks II and adjacent area (sanitary sewer, watermain, streets and drainage) and the contract price for such improvement is $634,231.27 and the expenses incurred or to be incurred in the making of such improvement amount to $264,897.66, and WHEREAS: it is the policy of the City of Lino Lakes to add area charges and unit charges and trunk charges to the assessment for said improvements, said area charges amount to $142,248.17, said unit charges amount to $219,000.00, said storm trunk charges amount to $74,448.08, said sanitary sewer trunk charges amount to $49,290.00 and said water main trunk charges amount to $4,500.00 so that the total cost of the improvement will be $1,388,615.18. 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 future connections is hereby declared to be $285,630.85 and the portion of the cost to be assessed against benefited property owners is declared to be $1,028,484.10. 2. Assessments shall be payable in equal annual installments extending over a period of fifteen (15) years, the first installments to be payable on or before the first Monday in January, 1991, and shall bear interest at the rate of nine and five tenths (9.5%) per cent 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 PAGE 1 RESOLUTION NO. 35 - 90 PAGE -2- 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 Council this 13rd day of August, 1990. Harold L. Bisel, Mayor Marilyn Anderson, Clerk -Treasurer The motion for the adoption of the foregoing resolution was duly seconded by Council Member Neal upon vote being taken thereon, the following voted in favor: Neal, Kuether, Reinert, Bisel, Bohjanen. The following voted against same: None Whereupon the resolution was declared duly passed and adopted. PAGE 2