HomeMy WebLinkAbout2025.08.18 RESO 2025-32 Proposed Assesed Costs for 2025 Street Project RESOLUTION NO. 2025—32
A RESOLUTION DECLARING THE COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL
FOR THE 2025 STREET IMPROVEMENT PROJECT: DUCK PASS, PALMES LONG
LAKE ESTATES, AND INGERSOLL AVENUE N AREA
CITY OF HUGO,WASHINGTON COUNTY, MN
WHEREAS estimated costs have been calculated for 2025 Street Improvement Project: Duck
Pass,Palmes Long Lake Estates and Ingersoll Avenue N Area, consisting of the following
roadway improvements:
• Full depth reclamation on Duck Pass, Palmes Long Lakes Estates, and Ingersoll Avenue
N
The estimated cost for such improvements is $1,296,232. That portion of the project that is
assessable is the roadway improvements with estimated costs is $180,778; and
NOW, THEREFORE, IT BE RESOLVED,by the City Council of the City of Hugo,
Minnesota, as follows:
I. The portion of the cost of the roadway improvement is hereby declared to be $1,296,232;
and the portion of the cost to be assessed against benefited property owners is declared to
be$180,778.
2. Assessments shall be payable in annual installments extending over a period of 10 years,
the first of the installments to be payable on or before the first Monday in January 2026 and
shall bear interest at the rate of 5.05 percent 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 his office for public inspection.
4. The clerk shall upon the completion of such proposed assessment, notify the council
thereof.
Council members voting AYE: Krull, Miron, Petryk, Strub, Weidt
Council members voting NAY: None
Whereupon said resolution was declared passed and adopted this 181h 25.
Tom Weidt, Mayor
ATTEST:
Michele Lindau, City Clerk