1994.07.05 RESO 1994-0011 - Laserfiche WebLink

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RESOLUTION 1994 - 11 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT WHEREAS, costs have been determined for the improvement of 130th Street from the west line of Falcon Avenue to the east line of the Burlington Northern Railroad right-of-way, and on Farnham Avenue from the north line of 130th Street to the north line of 128th Street by the installation of municipal water service, and the contract price for such improvement is $102,968.40, and the expenses incurred in the making of such improvement amount to $16,279.76 so that the total cost of the improvement is $119,247.76; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA: 1. The portion of the cost of such improvement to be assessed against benefitted property owners is declared to be $119,247.76. 2. Assessments shall be payable in equal annual installments extending over a period of ten (10) years, the first of the installments to bepayable on or before the first Monday in January, 1995, and shall bear interest at the rate of 6.25 per cent per annum from the date of the adoption of the assessment resolution. 3. The City Clerk, with the assistance of the City 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 he shall file a copy of such proposed assessment in her office for public inspection. 4. The City Clerk shall upon completion of such proposed assessment, notify the City Council thereof. Upon roll call, the following members voting AYE: Barnes, Leroux, Brunotte, Miron and Stoltzman. Upon roll call, the following members voting NAY: NONE. Whereupon said resolution was declared passed and adopted this 5th day of July, 1994. Walter L. Stoltzman, Mayor ATTEST: Xary��Z Creager, Ci lark