HomeMy WebLinkAbout2004.08.16 RESO 2004-0065RESOLUTION NO. 2004 — 65
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT
WHEREAS, costs have been determined for the improvement of the Peloquin Industrial
Park consisting of the extension of municipal water, sanitary sewer, bituminous
pavement, curb, gutter, and storm sewer on 152nd Street from the east edge of Forest
Boulevard to the east edge of Freeland Avenue, Francesca Avenue from the south edge of
152nd Street south to the end of the cul-de-sac, and Freeland Avenue from the south edge
of 152nd Street south to the end of the cul-de-sac; and
WHEREAS, costs have been determined for the extension of municipal water and
sanitary sewer from 152nd Street north to the north line of Section 17; and
WHEREAS, the contract price for such improvement is $1,765,300.77, and the expenses
incurred in the making of such improvement amount to $510,621.38 so that the total cost
of the improvement will be $2,275,922.15.
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 paid by the city is hereby
declared to be $877,889.43 and the portion of the cost to be assessed against
benefited property owners is declared to be $1,398,032.72.
2. Assessments shall be payable in equal annual installments extending over a period
of fifteen years, the first of the installments to be payable on or before the fust
Monday in January, 2005, and shall bear interest at the rate of 6 percent per
annum from the date of the adoption of the assessment resolution.
3. The City Clerk, with the assistance of the City Finance Director and 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 she
shall file a copy of such proposed assessment in her office for public inspection.
4. The City Clerk shall upon the completion of such proposed assessment, notify the
council thereof.
Upon roll call, the following members voting AYE: Puleo, Haas, Petryk and Miron.
Upon roll call, the following members voting NAY: None.
Whereupon said resolution was declared passed and adopted this 16'b day of August,
2004.
Fran M16h, Mayor
ATTEST:
Mary Creager, City C161