HomeMy WebLinkAboutRES 21-030 DELCARING THE COST TO BE ASSESSED AND ORDERING PREPARATION OF THE PROPOSED ASSESSMENTS FOR THE 2021 STREET AND UTILITY IMPROVEMENTSCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 21-030
A RESOLUTION DECLARING THE COST TO BE ASSESSED
AND ORDERING PREPARATION OF THE PROPOSED ASSESSMENTS
FOR THE 2021 STREET AND UTILITY IMPROVEMENTS
WHEREAS, costs have been determined for the improvement of
Street & Utility Reconstruction
Skycroft Drive from 321 Avenue to 331 Avenue
• Croft Drive from 32nd Avenue to 331 Avenue
33'd Avenue Storm Sewer Improvements
Mill and Overlay
31" Avenue from Rankin Road to Old Highway 8
Croft Drive from Ranking Road to 31" Avenue
29' Avenue from Stinson Boulevard to Silver Lake Road
St. Anthony Boulevard from Stinson Boulevard to Kenzie Terrace
Sanitary Sewer Capacity Improvements
• Foss Road Lift Station Pumps
and the bid price for such an improvement is $1,896,823.85. The total cost of the
improvement with contingencies, engineering, legal, and administrative fees will be
approximately $2,383,000.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Anthony Village that:
1. The portion of the cost of the proposed 2021 Street and Utility Improvement Project to be paid by
the City is hereby declared to be approximately $2,383,000 and the portion of the cost to be assessed
against benefited property owners is declared to be approximately $543,800.
2. 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 2021, and shall bear interest at
the rate of 2 percent (2%) above the City's borrowing rate at the time the bonds are issued.
3. 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.
4. The City Clerk shall, upon the completion of such proposed assessment, notify the Council thereof.
Adopted this 23rd day of March , 2021.
ATTEST:
NiccheMiller, City Clerk
Reviewed for administration:
Charlie Yunker, City Manager