HomeMy WebLinkAbout1998-134 Council ResolutionCouncil Member Bergeson
adoption:
introduced the following resolution and moved its
CITY OF LINO LAKES
RESOLUTION NO. 98- 134
RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL, BEHM'S CENTURY FARM
4TH ADDITION
WHEREAS,
WHEREAS,
Behm's Century Farm 4th Addition is a "developer improvement"
and a contractor for the construction of the improvements was not
awarded by the City of Lino Lakes and the cost of construction is
not included in the assessment total, and;
additional cost identified in the Development Agreement have been
determined to be $ 171,844.40 so that the total cost of the
improvement to be assessed is $ 171,844.40.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LINO LAKES, MINNESOTA:
1. The portion of the cost of such improvement to be paid by the City is hereby
declared to be zero, and the portion of the cost to be assessed against benefited
property owners is declared to be $ 171,844.40.
2. The assessment 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, 1999, 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 the City Clerk shall file a copy of such
improvement in her office for public inspection.
4. The Clerk shall, upon the completion of such proposed assessment, notify the
City Council thereof.
Adopted by the Council of the City of Lin
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Marlyn G. nderson, Clerk -Treasurer
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riolt AA,
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of August, 1998.
an, Mayor
RESOLUTION NO. 98 - 134
Page -2-
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member Dahl and upon vote being taken thereon, the following voted in
favor thereof: Bergeson, Dahl, Lyden, Sullivan.
The following voted against same: none, Council Member Neal was absent.
Whereupon said resolution was declared duly 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 August 10, 1998.
M. rilyn G. Anderson, Clerk -Treasurer