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RESOLUTION NO. 94-233
Resolution Declaring Cost to be Assessed
and
Ordering Preparation of Proposed Assessment
Highlands 5th Addition, 1..1. 302
WHEREAS, a contract has been let (costs have been determined) for the improvement of Highlands
5th Addition which is property abutting on Highlands Fifth Addition located north of Orleans Street,
east of County Road 5, south of Pine Tree Trail and west of Greeley Street and any property abutting
on the improvement or served by any aspect of the improvement or befitting from the improvement
all according to the plats thereof, Washington County, Minnesota and the contract price for such
improvement is $230,185.64 and the expenses incurred or to be incurred in the making of such
improvement amount to $ 52,613.48 so that the total cost of the improvement will be $282,799.12.
NOW, THEREFORE, BE IT RESOLVED BY TIlE CITY COUNCIL OF STILLWATER,
MINNESOTA:
1.
The portion of the cost of such improvement to be paid by the city is hereby declared to be
$ 0 and the portion of the cost to be assessed against benefited property owners is declared
to be $282,799.12
2.
Assessments shall be payable in equal annual installments extending over a period of ten (10)
years, the first of the installments to be payable with general taxes collected in 1995, and
shall bear interest at the rate of 8 percent per annum from the date of the adoption of the
assessment resolution,
3. The city clerk, with the assistance of the city engineer (consulting 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.
Adopted by the council this 20th day of September 1994.
Dt..J.2 ill~
. City Clerk
Mayor