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HomeMy WebLinkAboutResolution 4962 .-~ .. I'. . RESOLUTION NO. 4962 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR PUBLIC IMPROVEMENTS OF PLEASANTVIEW DRIVE. WHEREAS, the City of Mounds View is considering to adopt an assessment roll for the public improvements of Pleasantview Drive; and WHEREAS, these improvements included reconstruction, and storm sewer improvements; and street \.. WHEREAS, this project was petitioned to be performed by over fifty (50) percent of the affected property owners; and WHEREAS, the amount of the assessment was determined to be for no more than eight dollars ($8.00) per frontage foot for curb and gutter and one half (V2) of the total amount of the storm sewer construction for those properties with frontage on Pleasantview Drive; and WHEREAS, the amount of the assessment will be $4.85 per frontage foot for curb and gutter and $534.96 for storm sewer construction; and WHEREAS, this assessment will be for a five year period; and WHEREAS, the interest rate for the amount assessed is 5.228 percent and the property owner has thirty (30) days from the date or the public hearing to pay the entire assessment and eliminate the interest payment. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds View does hereby adopt the accompanying assessment roll (Exhibit A) for the public improvements of Pleasantview Drive. BE IT FURTHER RESOLVED, that the City Council hereby authorizes the assessed amounts to be filed with the Ramsey County Department of Property Records and Revenue. . . .- Adopted this 15th day of July, }\TTEST: (SEAL) 1996. ~~~ /...~ / 6' MAYOR / If~Y7 u!cIc )O~ CITY ADMINISTR TOR