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K:\01626-660\Admin\Resolutions\Resolution 13-xxx - Order Preparation of Assessments.docx <br />the rate of 2 percent (2%) above the City’s borrowing rate at the time the bonds are issued. <br />3.)The Consulting Engineer shall forthwith calculate the proper amount to be specially assessed for <br />such improvement against every assessable lot, piece, or parcel of land within the district affected, <br />without regard to cash valuation, as provided by law, and the City Clerk shall file a copy of such <br />proposed assessment in the office for public inspection. <br />4.)The City Clerk shall, upon the completion of such proposed assessment, notify the Council thereof. <br />Adopted this 26th day of March, 2024. <br /> <br />_____________________________ <br /> Wendy Webster, Mayor <br />ATTEST:____________________________ <br /> City Clerk <br />Reviewed for administration:______________________________ <br />Charlie Yunker, City Manager <br />99