HomeMy WebLinkAbout1990-063 Council Resolution�.. Council Member Bohjanen introduced the following resolution and moved its adoption.
CITY OF LINO LAKES
RESOLUTION NO. 63-90
RESOLUTION DECLARING COST TO BB ASSESSED AND ORDERING PREPARATION
OF PROPOSED ASSESSMENT FOR SOUTH RESHANAU LAKE ESTATES 2ND AND
3RD ADDITIONS
WHEREAS: contracts have been awarded for improvement of South Reshanau Lake Estates 2nd
and 3rd Additions (sanitary sewer, watermain, streets and drainage) and the
contract price for such improvements is $350,762.33 and the expenses incurred or
to be incurred in the making of such improvement amount to $147,144.24 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 $69,809.13, said unit charges amount to $107,675.00, said storrn trunk charges
amount to $36,729.76, said sanitary sewer trunk charges amount to $3,752.00, said
watermain trunk charges amount to $14,656.23, so that the total cost of the
improvement will be $730,528.69.
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 $ 0.00 and the portion of the cost to be assessed against benefited property
owners is declared to be $490,569.48.
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 percent (9.0%) 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,
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RESOLUTION NO. 63-90
4. The Clerk shall upon the completion of such proposed assessment, notify the Council
thereof.
Adopted by the Council this 27th day of August, 1990.
M
Anderson, Clerk -Treasurer
Harold L. Bisel, Mayor
The motion for the adoption of the foregoing resolution was duly seconded by Council Member
2,einnrt upon vote being taken thereon, the following voted in favor: Bisel, Kuether,
Reinert, Bohjanen.
the following voted against same: None, Council Member Neal was absent.
Whereupon the resolution was declared duly passed and adopted.