HomeMy WebLinkAbout1992.10.05 RESO 1992-0027RESOLUTION 1992-27
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION
OF PROPOSED ASSESSMENT FOR THE HENNA AVENUE PUBLIC
IMPROVEMENT PROJECT
WHEREAS, a contract has been let for the improvement of Henna Avenue
North, from 170th Street North to 180th Street North (the north corporate
line of the City of Hugo, by the improvement of bituminous surfacing and
the bid price for such improvement is $134,952.13, and the expenses
incurred or to be incurred in the making osuch improvement amount to
$37,786.59 so that the total cost of the improvement will be $172.738.72.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO,
WASHINGTON COUNTY, MINNESOTA:
1. The portion of cost of such improvement to be paid by the City is
hereby declared to be $113,520.82, and the portion of the cost to be
assessed against benefited property owners is declared to be
$59,217.90.
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 January 1993, and shall bear interest
at the rate of 8% 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 the office for public inspection.
4. The City Clerk shall upon completion of such proposed assessment,
notify the Council thereof.
Upon roll call the following members voted AYE: Barnes, Brunotte, Leroux,
Miron, Stoltzman
Members voting NAY: NONE
Whereupon said resolution was declared passed and adopted this 5th day of
October, 1992.
Walter Stoltzman, ayor
ATTEST:
Mary Creager, C'& Clerk