HomeMy WebLinkAboutResolution No. 251-09 EV
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RESOLUTION
WHEREAS, a contract has been let for the following local improvement(s):Project No. J-2107
"Reconstruction of East River Road (Station 30+25 to Station 44+25.26), Construction of 43 d Street NE from
East River Road 1,320 feet East" and the contract price for such improvements)is. $1,384,849.40
and the expenses incurred or to be incurred in the making of said improvement(s)amount to$415,454.82 so that the
total cost of the improvement(s)will be$1,800,304.22 and of this cost the City will pay$948,360.98 as its share
thereof.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester,Minnesota:
(1)The cost of such improvement(s)to be specially assessed is hereby declared to be$851,943.24.
(2)The City Clerk with the assistance of the City Engineer shall forthwith calculate the proper amount to be
specially assessed for such improvement(s)against every assessable lot, piece or parcel of land within the district
affected, without regard to cash valuation, as provided by law. A copy of such proposed assessment shall be filed in
the office of the City Clerk for public inspection.
(3)Upon completion of such proposed assessment(s)the City Clerk shall notify the Council thereof.
(4)The City Clerk is instructed to record in the deferred assessment register the sum of N/A,to be
subsequently paid by certain of the properties benefited h thereon agthecratesof 6 0 percent cent per annum
• tances (based on senior
citizenship or development): N/A together with simple interest to accrue
for the time period from the date of the adoption of this resolution for a period of years or until said amount is paid,
whichever occurs first.
(5)The City Clerk is instructed to record in the future assessment register the sum of N/A to be subsequently
assessabley assessed or assessed against properties benefited thereby
for an t preiod e N/A years from the date of the adoption of this resolution
accrue at the rate of N/A percent per annntl
P
or until assessed,whichever occurs first.
PASSED AND ADOPTED BY THE COMMON UNCIL OF THE CITY OF ROCHESTER,
MINNESOTA,AT A MEETING THEREOF HELD TH 15th DAY OF DUNE,2009. -
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PRESIDENT OF SAID COMMON COUNCIL
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ATTEST:
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DF:FLM-F CITY CLERK
APPROVED THIS 16th DAY OF JUKE ,2009
MAYOR OF SAID CITY
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(Seal of the City of
Rochester,Minnesota)