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RESOLUTION 2007-21 <br />A RESOLUTION DECLARING COSTS TO BE ASSESSED AND <br />ORDERING PREPARATION OF PROPOSED ASSESSMENTS <br />OAKSHORE PARK STREET AND UTILITY IMPROVEMENTS <br />WHEREAS, pursuant to Minnesota Statute 429.061 the costs and expense incurred and to be incurred <br />in making the improvements to 129' Street have been calculated and so determined. <br />WHEREAS, the cost and expense incurred and to be incurred in making improvements to Oakshore <br />Park, is the amount of $1,403,166.80. <br />WHEREAS, Minnesota Statute 429.061 provides that the City Council shall determine by resolution <br />the amount of the total expense a municipality will pay other than amount, if any, which it will pay as a <br />property owner and the amount to be specially assessed. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF HUGO: <br />1. The amount to be specially assessed for the Oakshore Park Street and Utility Improvement <br />Project is $1,265,877.99. <br />2. The remainder of the total amount of the Project costs, namely the sum of $137,338.81 shall be <br />financed by way of general tax levy, City sanitary sewer and water utility funds, and available <br />City reserves as determined by the Council. <br />3. The City Clerk, with the assistance of the City Engineer and City Attorney, shall forthwith <br />calculate the proper amount to be specially assessed for such improvements against every <br />assessable lot or parcel of land without regard to cash evaluation as provided by law. The <br />Clerk shall thereupon file a copy of such proposed assessments with the City and the proposed <br />assessments shall be available for public inspection. <br />4. The City Clerk shall, upon completion of the proposed assessments, notify the City Council <br />thereof. <br />Council members voting AYE: Haas, Puleo, Miron <br />Council members ABSTAINING: Petryk and Granger <br />Council members voting NAY: NONE <br />Whereupon said resolution was declared passed and adopted t ' ay of y,-2007. <br />ayor <br />ATTEST: <br />v <br />Mary Creager, City Cl <br />