HomeMy WebLinkAboutCC RES 01-017 A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT Meeting Sheet
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104686
Box: 31
Folder: RES 2001
Document: CC RES 01-017 A RESOLUTION DECLARING COST TO BE
ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT
• CITY OF ST.ANTHONY
HENNEPIN COUNTY,MINNESOTA
RESOLUTION 0 1-0 17
A RESOLUTION DECLARING COST TO BE ASSESSED
AND ORDERING PREPARATION OF PROPOSED ASSESSMENT
WHEREAS, this project consists of street reconstruction and replacement of water main and storm sewer
lines to be done and costs have been determined for the improvement of:
I. Wilson Street from 291h Avenue to 30`h Avenue;
2. West Armour Terrace from Roosevelt Street to Silver Lake Road;
3. 30`h Avenue from Wilson Street to Silver Lake Road;
This project also includes pond excavation in rear yard areas north of 30`h Avenue,west of
Silver Lake Road; and east of Harding Street(referred to as Harding Street Pond). This portion
of the project will not be assessed;
and the bid price for such improvements is$1,603,648.50,and the total cost of the
improvement will be approximately$2,020,600.00.
NOW,THEREFORE,BE IT RESOLVED,by the City Council of St.Anthony,Minnesota:
1. The portion of cost of such improvement to be paid by the City is hereby declared to
be$735,309.21 and the portion of the cost to be assessed against benefitted property
• owners is declared to be$305,535.21.
2. The portion of the cost to be paid by the Minnesota Department of Natural Resources
is hereby declared to be$979,755.58.
3. Assessments shall be payable in equal annual installments extending over a period of
15 years,the first of the installments to be payable on or before the first Monday in
2002,and shall bear interest at the rate of 2 percent above the City's borrowing rate at
the time the bonds are issued.
4. The consulting engineer shall forthwith calculate the proper amount to be specially
assessed for such improvement against every assessable lot,piece or parcel of land
within the district affected,without regard to cash valuation,as provided by law,and
the City Clerk shall file a copy of such proposed assessment in the office for public
inspection.
5. The City Clerk shall upon th mp tion of such p ed assessme notify the
Council thereof.
t
Adopted this 9'''day of January,2001.
D Cavanaugh,Mayor
ATTEST:
Connie Kroeplin, ity Jerk
Reviewed for administration:
Michael Niornson,City Manager