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CITY OF ST. ANTHONY <br />RESOLUTION 07.015 <br />A RESOLUTION DECLARING THE COST To BE ASSESSED <br />AND ORDERING PREPARATION OF PROPOSED ASSESSMENT <br />WHEREAS, costs have been determined for the improvement of: <br />1. 27th Avenue N.E. from Stinson Boulevard to Coolidge Street. <br />2. Pahl. Avenue from Roosevelt to Wilson Street. <br />3. Roosevelt Street N.E. north of 27th Street. <br />4. Alleys between Roosevelt and Wilson Street; north and south of Pahl <br />Avenue. <br />5. Alleysouth of 27th Street from Stinson Boulevard to Wilson t <br />Street. <br />6. 39th Avenue N.E. from Silver Lake Road to Chandler Drive. <br />7. Chandler Drive from 39th Avenue N.E. to Foss Road. <br />8. Foss Road Lift Station. <br />9. Foss Road Lift Station forcemain from the lift station *to Roseville. <br />10. Highcrest Drive Sidewalk. and Lighting from 37th Avenue to 33rd Avenue. <br />11, old Highway 8 Sidewalk and Lighting from 33rd Avenue to 29th Avenue. <br />g g <br />and the bid price for such an improvement is $ , and the total cost of the <br />improvement will be approximately $ . <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Anthony: <br />1. The portion of the cost of such improvement to bepaid by the City is hereby <br />declared to be approximately $ , and the portion of the cost to be <br />assessed against benefited property owners 'is declared to be approximately <br />$ <br />2. Assessments shall be payable in equal annual installments extending over a <br />period of 15 years, the first*of the installments to be payable on or before the first <br />Monday in 2008, and shall bear interest at the rate of 2 percent (2%) above the <br />City's borrowing rate at the time the bonds are issued. <br />3. The Consulting Engineer shall forthwith calculate the proper amount to be <br />specially assessed for such improvement against every assessable lot, piece or <br />parcel of land within the district affected, without regard to cash valuation, as <br />provided by law, and the City Clerk shall file a copy proposed' <br />of such <br />assessment in the office for public inspection. <br />4. The City Clerk shall upon the completion of such proposed assessment, notify <br />'the Council thereof. <br />C.•IDocuments and Settings{barb.® ciuV,ocal SettingslTemporarylnternetFileslOLK4V?ES 07-13 -Cost and Assessment - 01owd'oc <br />