HomeMy WebLinkAbout1999-069 Council ResolutionCouncil Member Lyden
introduced the following resolutions and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 99-69
RESOLUTION DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT, CENTENNIAL MIDDLE SCHOOL STREET AND UTILITY
IMPROVEMENTS
WHEREAS, a contract has been let for the improvement of Centennial Middle School Street and
Utility Improvements by constructing street, curb and gutter, storm sewer, watermain, and sanitary
sewer and the contract (bid) price for such improvements is $812,627.21, and the expenses
incurred or to be incurred in the making of such improvement amount to $368,684.40, so that the
total cost of the improvement will be $1,181,311.61.
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
$581,461.73 and the portion of the cost be assessed against benefited property owners is
declared to be $1,275,502.88.
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,
2000, 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 proposed a'sessment , notify the council
thereof.
Adopted by the council this 13th day of Septem
R hel Gaustad, City Clerk
The motion for adoption of the foregoing resolution was duly seconded by Council Member Dahl
Dahl and upon vote being taken thereon, the following voted in favor thereof:
Sullivan, Bergeson, Dahl, Lyden, Neal
The following voted against same: None
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 September 13, 1999.
RY-CH Fust
�tWll NOTARY PUBL C -MINNESOTA
My Commission Expires Jan. 31, 2000
d, City Clerk