Agenda Packets - 1996/10/14 - Laserfiche WebLink

Home Browse Search

RESOLUTION NO. 5028 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STAFF, OF MINNESOTA DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT TO THOSE PROPERTY OWNERS AFFECTED BY THE RECONSTRUCTION OF BRONSON DRIVE AND SETTING ASSESSMENT HEARING. WHEREAS, a contract has been let (costs have been determined) for the improvement of Bronson Drive between Edgewood Drive and Raymond Avenue by Forest Lake Contracting and the contract(bid)price for such improvement is $578,529.68, and the expenses incurred or to be incurred in the making of such improvement amount to $149,703.97 so that the total cost of the improvement will be $728,233.65, and ; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MOUNDS VIEW: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $399,616.14 and the portion of the cost to be assessed against benefited property owners is declared to $328,618.00, and; 2. Assessments shall be payable in equal annual installments extending over a period of 10 years, the first of the installments to be payable on or before the first Monday in January, 1997, and shall bear interest at the rate of seven(7)percent per annum from the date of the adoption of the assessment resolution, and; 3. The Clerk-Administrator, with the assistance of the city engineer(consulting 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 he shall file a copy of such proposed assessment in his office for public inspection. 4. The clerk shall upon the completion of such proposed assessment, notify the council thereof. 5. The assessment hearing for the proposed assessment shall be held on Tuesday, November 12, 1996, 7:10pm, at the Mounds View City Hall in the council chambers to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment.