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HomeMy WebLinkAbout1993-184 .,-, . lIESOLlI'l'IOlI 110. 93- ~4 (' Resolution Declarinq Cost to be Assessed aDd Orderinq Preparation of PLUlA"'ed Assessment for L.r. 289, HighbnilR of Sti.l.l.water, 'l'hird Addition .HIOl--Q, a contract has been let (costs have been determined) for the improvement of the Highlands of Stillwater, Third Addition, all according to the Plats thereof, Washington County, Minnesota and the contract price for such improvement is $155,485.65, and the expenses incurred or to be incurred in the making of such improvement amount to $47,572.52 so that the total cost~of the improvement will be $203,058.17 __, 1'1mKU\J1m, BE rr RESOLVBD BY mE crry UJUIK;.1.lo OF S'J'TT.T:ID.'I'Im, prnnnr~: 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 $203,058.17. 2. Assessments shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable with general taxes collected in 1994, 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 21st day of September, 1993. ~c~,_./ ('