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<br />RESOLUTION 87- 59 <br /> <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />. <br /> <br />A RESOLUTION DETERMINING THE ASSESSED COST OF IMPROVEMENT <br />AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL IN <br />THE MATTER OF THE IMPROVEMENTS ON 2l8TH AVENUE <br /> <br />WHEREAS, costs have been determined for the 2l8th Avenue <br />Improvement consisting of $2,8~0 for Gravel <br />improvements. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council in the City of <br />Elk River, Minnesota: <br /> <br />1. Based upon the assessment policy it is determined <br />that the portion of this improvement to be paid by <br />the City and not assessed to the benefit properties <br />is $~. <br /> <br />. <br /> <br />2. The portion of the cost to be assessed against <br />benefitted properties pursuant to the Elk River <br />City Assessment Policies shall be $2,8~~. <br /> <br />3. The assessment shall be payable in equal annual <br />installments and shall extend over a period of <br />three years, the first of the installments to be <br />payable on or before the first Monday in January, <br />1989 with interest at the rate of 8% per annum <br />beginning December 31, 1987. <br /> <br />4. The City Administrator, with the assistance of the <br />project engineer, shall forthwith calculate the <br />proper amount to be specifically assessed for such <br />improvement against every assessable lot, piece, or <br />parcel of land without regard to cash valuation as <br />provided by law and shall have available at the <br />City Administrator's office a copy of the proposed <br />assessment role for public inspection. <br /> <br />5. Upon completion of the proposed assessment role, <br />the City Administrtor shall notify the Council and <br />schedule a public hearing upon the proposed <br />assessment causing notice of the public hearing by <br />publication at least two weeks prior to the <br />hearing. <br /> <br />Passed and adopted this 5th day of October, 1987. <br /> <br />):> c!~~)~ # <br />( Al-h~V . /'~vL4.? /t <br />Mayor Gunkel, Mayor <br /> <br />. <br /> <br />ATTEST: <br /> <br />~d j)~+r- <br /> <br />Patrick D. Klaers, City Administrator <br />