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RESOLUTION 1991-15 <br />RESOLUTION DECLARING COST TO BE ASSESSED AND <br />ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR <br />CIP PROJECT PHASE 2 STREET IMPROVEMENTS <br />WHEREAS, a contract has been let, and costs have been determined, for <br />the improvement of 130th Street from County State Aid Highway #8A west to <br />Irish Avenue, Irish Avenue from 130th Street south to County State Aid <br />Highway #7, 125th Street from Goodview Avenue east to Homestead Drive, <br />132nd Street from Henna Avenue east to County Road #8A, Homestead Avenue <br />from 132nd Street north to 147th Street, Henna Avenue (aka 128th Street) <br />from 132nd Street south to Hilo Avenue, and Hilo Avenue from Henna Avenue <br />(aka 128th Street) south to 125th Street, by the improvement of streets <br />and related improvements, and the contract bid price for said improvements <br />is , and the expenses incurred or to be incurred in the making <br />of such improvement amount to $207,429.95 so that the total cost of the <br />improvement will be $887,749.68. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, <br />WASHINGTON COUNTY, MINNESOTA: <br />1. The portion of the cost of such improvement be paid by the City is <br />hereby declared to be , and the portion of the cost to be <br />assessed against benefited property owners is declared to be <br />$293,442.00. <br />2. Assessments shall be payable in equal annual installments extending <br />over a period of 15 years, the first of the installments to be payable <br />on or before the 1st Monday in January, 1992, and shall bear interest <br />at the rate of 8% per annum from the date of adoption of the <br />assessment resolution. <br />3. The City Clerk, with the assistance of the consulting engineer, shall <br />forthwith calculate the proper amount to be specially assessed for <br />such improvement against every assessable lot, piece, or parcel of <br />land within the district affected, without regard to case valuation, <br />as provided by law, and she shall file a copy of such proposed <br />assessment in the office for public inspection. <br />4. The Clerk shall, upon the completion of such proposed assessment, <br />notify the Council thereof. <br />Upon roll call, the following Council members voting AYE: Brunotte, <br />Jesinski, McAllister, Miron, Stoltzman <br />Voting NAY: None <br />Whereupon said resolution was declared passed and adopted this 19th day of <br />August, 1991. <br />Walter L. Stoltzman, Mayor <br />ATTEST: <br />