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HomeMy WebLinkAbout1991-180 r RESOLIJ'J'IQM RO. 91-180 Resolution Declarinq Cost to be bsessea and Orderinq Preparation of P.L~_sed bsesSlEllt for L.I. 273 ~'IS, a contract has been let (costs have been determined) for the i1IIprovement of sanitary sewer main, water main, utility services, storm sewer and street construction on West Orleans street from Washington street to 700 feet east of Washington street and Benson Boulevard West from West Orleans street to 550 feet North of West Orleans and Highland Road from West Orleans to 450 feet north of West Orleans and Highland Court from Highland to 250 feet east, and the contract price for such improvement is estimated to be $246,742.00 and the expenses incurred or to be incurred in the making of such improvement amount to $62,517.33 so that the total cost of the i1IIprovement will be $309,259.33. _, ....KNI<"lJlO!;, BE IT RESOLVED BY m& CI'l'Y axJBCIL OF STII.I.IIA'rKIl, 1IIIUiBSOTA: 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 be assessed against benefited property owners is declared to be $309,259.33. 2. assessments shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable on or before the first Monday in January, 1992, and shall bear interest at the rate of 8 percent per annum from the date of the adoption of the assessment resolution. r 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 of 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 Council this 17th day of september 1991. M I ';;2'A,9J~'U~ Ci ty Clerk aJ~~ r