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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 24-027 <br />A RESOLUTION DECLARING THE COST TO BE ASSESSED <br />AND ORDERING PREPARATION OF THE PROPOSED ASSESSMENTS <br />FOR THE 2024 STREET IMPROVEMENT PROJECT <br />WHEREAS,costs have been determined for the improvement of: <br />Mill and Overlay <br />Roosevelt Street Northeast from 37th Avenue Northeast to 34th Avenue Northeast <br />Edward Street Northeast from 35th Avenue Northeast to 34th Avenue Northeast <br />Harding Street Northeast from 36th Avenue Northeast to 34th Avenue Northeast <br />35th Avenue Northeast from Stinson Boulevard to Harding Street Northeast <br />34th Street Northeast from Stinson Boulevard to Silver Lake Road <br />Roosevelt Court from 33rd Avenue Northeast to the cul-de-sac <br />Belden Drive from 34th Avenue Northeast to 33rd Avenue Northeast <br />Roosevelt Street Northeast from 33rd Avenue Northeast to 31st Avenue Northeast <br />Edward Street Northeast from 33rd Avenue Northeast to 31st Avenue Northeast <br />Wilson Street Northeast from 32nd Avenue Northeast to 30th Avenue Northeast <br />Belden Drive from 33rd Avenue Northeast to 32nd Avenue Northeast <br />Harding Street Northeast from 31st Avenue Northeast to 30th Avenue Northeast <br />Hilldale Avenue Northeast from Belden Drive to Silver Lake Road <br />32nd Avenue Northeast from Edward Street Northeast to Silver Lake Road <br />Townview Avenue from Wilson Street Northeast to Silver Lake Road <br />31st Avenue Northeast from Stinson Boulevard to Silver Lake Road <br />Saint Anthony Road from Roosevelt Street Northeast to Edward Street Northeast <br />Hilldale Avenue Northeast from Silver Lake Road to Rankin Road <br />32nd Avenue Northeast from Silver Lake Road to Rankin Road <br />Miscellaneous Construction <br />Salo Park <br />o Remove and replace cracked concrete <br />Silver Point Park <br />o Mill and overlay parking lot <br />o Remove and replace basketball court <br />o Reclaim and pave trail <br />o Remove and replace cracked concrete <br />and the bid price for such an improvement is $2,024,956.77. The total cost of the improvement with <br />contingencies, engineering, legal, and administrative fees will be approximately $2,361,900. <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Anthony Village that: <br />1.)The portion of the cost of the proposed 2024 Street Improvement Project to be paid by the City is <br />hereby declared to be approximately $2,361,900 and the portion of the cost to be assessed against <br />benefited property owners is declared to be approximately $701,900. <br />2.)Assessments shall be payable in equal annual installments extending over a period of 10 years, the <br />first of the installments to be payable on or before the first Monday in 2025, and shall bear interest at <br />98