Laserfiche WebLink
<br />e, <br /> <br />. <br /> <br />RESOLUTION 88 - UL <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION DETERMINING ASSESSED COST OF <br />IMPROVEMENT AND ORDERING PREPARATION OF <br />PROPOSED ASSESSMENT ROLL IN THE MATTER OF <br />MAIN STREET IMPROVEMENT OF 1987 <br /> <br />costs have been determined for the downtown beautification items <br />which include decorative street lighting, trees with tree <br />grates, colored and textured sidewalk and trash receptacles <br />improvement consisting of total cost of the improvement of <br />$203,300. <br /> <br />NOW, THEREFORE, IT IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota: <br /> <br />WHEREAS. <br /> <br />1. Based upon the City Assessment Policies, it is determined that the <br />portion of this improvement to be paid by the City and other sources <br />and not assessed to benefitted properties is $53,300. <br /> <br />2. The portion of the cost to be assessed against benefitted properties <br />pursuant to the Elk River City Assessment Policies shall be <br />$150,000. <br /> <br />3. The assessments shall be payable in equal annual installments and <br />shall extend over a period of ten years, the first of the <br />installments to be payable on or before the first Monday in January, <br />1989, with interest at the rate of 10 % per annum from the date <br />of the adoption of the assessment resolution. <br /> <br />4. The City Administrator with the assistance of the Project Engineer <br />shall forthwith calculate the proper amount to be specially assessed <br />for such improvement against every assessable lot, piece, or parcel of <br />land, without regard to cash valuation, as provided by law, and shall <br />have available at the City Administrator's office a copy of the pro- <br />posed assessment roll for public inspection. <br /> <br />5. Upon completion of the proposed assessment roll, the City <br />Administrator shall notify the Council and schedule a pUblic hearing <br />upon the proposed assessment, causing notice of the hearing by <br />publication and mail to be made at least two weeks prior to the <br />hearing. <br /> <br />Passed and adopted this 29 day of February, 1988. <br /> <br />ATTEST: <br /> <br />C:tiJL, C:' !~J <br />Estelle E. Gunkel, Mayor <br /> <br />. ~;r 12 a~r <br /> <br />Patrick D. Klaers. City Administrator <br />