5.0. SR 01-08-1994 - Laserfiche WebLink

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RESOLUTION A RESOLUTION FOR THE CITY OF ELK RIVER e A RESOLUTION DETERMlNING ASSESSED COST OF IMPROVEMENT AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL IN THE MATTER OF IMPROVEMENT OF 19 WHEREAS, costs have been determined for the improvement consisting of a contract price of $ and expenses incurred or to be incurred by the City in the making of the improvement in the amount of $ for a total cost of the improvement of $ NOW, THEREFORE, ff!l~ IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. Based upon the City Assessment Policies, it is determined that the portion of this improvement to be paid by the City and not assessed to benefited properties is $ 2. The portion of the cost to be assessed against benefited properties pursuant to the Elk River City Assessment Policies shall be $ 3. Thc a33cssmoots sha:l1 bc payablc in eqeal ar.nual inStallffioots and shall cxtend oyer a period of years, the first of the installments to be payable on or bef{)fe the first :Monday in January, 19 , '.vith interest at the rate of % per ammm from the date of the adoption of e the assessmoot resolution. ;, 4. The City Administrator with the assistance of the Project Engineer shall forthwith calculate the proper amount to be specially Rpli~f.Y assessed for such improvement against every assessable lot, piece, or parcel of land, with6u{r~gara"io cash valuation, as provided by law, and shall have available at the City Administrator's office a copy of the proposed assessment roll for public inspection. 5. Upon completion of the proposed assessment roll, the City Administrator shall notify the Council and schedule a public hearing upon the proposed assessment, causing notice of the hearing by publication and mail to be made at least two weeks prior to the hearing. Passed and adopted this day of ,19_. A TrEST: Mayor City Clerk e A-13