Res 1997-76 RESOLUTION NO. 76 - 1997
RESOLUTION DECLARING COST TO BE ASSESSED AND
ORDERING PREPARATION OF PROPOSED ASSESSMENT
FOR CONCRETE CURB AND GUTTER PORTION OF THE
ALDEN WAY STREET IMPROVEMENT PROJECT NO. ST.
1996 - 1 & 2
WHEREAS, the city engineer has been directed to proceed with the
concrete curb and gutter portion of the Alden Way Street
Improvement Project No. St. 1996 - 1 & 2 and the cost there of
has been determined to be $50, 250 of which the City will pay $0
as its share of the cost.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY,
MINNESOTA:
The portion of the cost to be assessed against benefited
property owners is declared to be $50, 250.
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, 1998, and
shall bear interest at the rate of 6 11 percent per annum from
the date of the adoption of the assessment resolution.
The City Clerk, 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
call 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 22ND DAY OF SEPTEMBER, 1997.
CY/ J.7 G c SON - MAYOR
ATTEST: I
LA 1.4.1 /l I'
WILIAM A. CHAMPA - C Y CLERK
a)