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RESOLUTION NO. 94-234
Resolution Declaring Cost to be Assessed
and
Ordering Preparation of Proposed Assessment
North Broadway Sewer Extension, L.I. 303
WHEREAS, a contract has been let (costs have been determined) for the improvement of
sanitary sewer and watermain extensions and appurtenances.
The following is the area proposed to be assessed: properties adjacent to North Broadway Street,
north of Aspen Street and south of East Stillwater Street and properties adjacent to Wilkins Street
east of First Street and the contract price for such improvement is $46,365.40, and the expenses
incurred or to be incurred in the making of such improvement amount to $16,264.30 so that the
total cost of the improvement will be $62,629.70.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILL WATER,
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 $60,602.74.
2.
Assessments shall be payable in equal annual installments extending over a period often
(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,
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City Clerk
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