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RESOLUTION NO. 4962 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR PUBLIC IMPROVEMENTS <br /> OF PLEASANTVIEW DRIVE. <br /> WHEREAS, the City of Mounds View is considering to <br /> adopt an assessment roll for the public improvements of <br /> Pleasantview Drive; and <br /> WHEREAS, these improvements included street <br /> reconstruction, and storm sewer improvements; and <br /> WHEREAS, this project was petitioned to be performed <br /> by over fifty (50) percent of the affected property owners; and <br /> WHEREAS, the amount of the assessment was determined <br /> to be for no more than eight dollars ($8 . 00) per frontage foot for <br /> curb and gutter and one half (1/2) of the total amount of the storm <br /> sewer construction for those properties with frontage on <br /> • Pleasantview Drive; and <br /> WHEREAS, the amount of the assessment will be $4 . 85 <br /> per frontage foot for curb and gutter and $534 . 96 for storm sewer <br /> construction; and <br /> WHEREAS, this assessment will be for a five year <br /> period; and <br /> WHEREAS, the interest rate for the amount assessed <br /> is 5 . 228 percent and the property owner has thirty (30) days from <br /> the date or the public hearing to pay the entire assessment and <br /> eliminate the interest payment . <br /> NOW, THEREFORE, BE IT RESOLVED that the City Council <br /> of the City of Mounds View does hereby adopt the accompanying <br /> assessment roll (Exhibit A) for the public improvements of <br /> Pleasantview Drive. <br /> BE IT FURTHER RESOLVED, that the City Council hereby <br /> authorizes the assessed amounts to be filed with the Ramsey County <br /> Department of Property Records and Revenue . <br /> • <br />