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HomeMy WebLinkAbout8147 (Res.) L. 1. 251 r Rl!...c'm~I(lII 110. 8147 Resolution Declarillq Cost to be Assessed and Orderinq Preperation of PLUJI" -... Asees_t ..........'\S. a contract has been let (costs have been determined) for the improvement of the area north of Trunk Highway 36 between County Road 66 on the west, and the City of Oak Park Heights on the east, and south of the south line of the Plat of Second Bergens Forest Hills Addition and a westerly extension of the south line to County Road 66. and the contract price for such iJIlprovement is $838.008,07 and the expenses incurred or to be incurred in the making of such improvement amount to $291.350.42 so that the total cost of the improvement will be $1,129.358.49. _. ,., -....... BE ~ KKSOLYBD BY 'l'BK CIft COlJIICIL OF. STTI,T"'I'tnI. 1ITIIIIIl'<nrA: 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 $1,129.358,49, 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 1990, 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 the council this 5th. day of September 1989, ~Ci~~ ;;4 ~~ Mayor o - . 1111