Res 1999-57 RESOLUTION NO. 57-1999
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT FOR 57 AVE STREET
IMPROVEMENT PROJECT NO. ST. 1997-4
WHEREAS,the costs for the 57th Avenue Street Improvement Project No. ST. 1997-4 have been
determined to be $885,277.11 for the contract price for such improvement and$159,723.34 for
expenses incurred in the making of such improvement so that the total cost of the improvement is
$1,045,000.45.
NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY,
MINNESOTA:
The portion of the cost of such improvement to be paid by the City is hereby declared to be
$401,141.17 and the portion of the cost to be assessed against benefited property owners is
declared to be$208,019.07.
Assessments shall be payable in equal installments extending over a period of ten years, the first
of the installments to be payable on or before the first Monday in January, 2000, and shall bear
interest at the rate of 61/2 percent per annum from the date of the adoption of the assessment
resolution.
The Finance Director, with the assistance of the City 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.
The clerk shall upon the completion of such proposed assessment,notify the Council thereof.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 9TH
DAY OF AUGUST 1999.
Lii.�
N: C f./O i 1•ON-MAYOR
ATTEST:
At.A. _ .. ■_.. 4.; A
DEBRA A. SKOG N- CI j, CLERK
Resolution No. 57-1999 Page 2
Attachment 1
ASSESSMENT ROLL FOR
57th AVE STREET IMPROVEMENT PROJECT NO.ST 1997-4
Address PIN No. Front Ft Estimated Actual
Assessment $98.89 Per
for Front Ft
Improvement Assessment
s$101.31 Per
Front Ft
Erickson Petroleum Corp 233024320005 835.21 $85,191.42 $82,593.92
4567 West 80th Street
Bloomington MN 55437
Lyndale Terminal Co.
"Holiday"
250 57th Ave NE
Fridley MN 55432
Captec Net Lease Realty,Inc. 233024320006 230.33 $23,493.66 $22,777.33
"Cattle Company Restaurant"
24 Frank Lloyd Wright Drive
Ann Arbor,MI 48106
A R G Enterprises,Inc.
Attn: Ian Martin
4410 El Camino Rd Ste#201
Los Altos CA 92604
Flying Dutchman Enterprises 233024230023 245.00 $24,990.00 $24,228.05
"Hardee's Restaurant"
2401 American Lane Ste#210
Madison WI 53704
Hardee's Food Systems,Inc
P 0 Box 1600
Rowlett TX 75030
Irving&Efron IS Herman 233024230022 120.00 $14,400.00 $11,866.80
262 NE 57th Place
Fridley MN 55432
David W&Norma Rust
5735 Quincy Street NE
Fridley MN 55432
Robert R.Biglow 233024230021 193.00 $19,686.00 $19,085.77
"Burger King"
Mr.Nath Franchise Group
5775 Wayzata Blvd Ste 800
St Louis Park MN 55416
Mr.Nath Franchise Group
900 East 79th Street
Bloomington MN 55420
Linn Property Holdings LLC 233024230145 480.00 $48,960.00 $47,467.20
Fridley Tire&Auto Center
1561 Woodlane Drive
Woodbury MN 55125