HomeMy WebLinkAboutResolution No. 121-18 Project J7319 Ordering Improvement and assessment roll 20180402
RESOLUTION
WHEREAS, pursuant to the 2018 – 2022 DMC Capital Improvement Plan, a report
has been prepared by the City Engineer with reference to proposed Improvement
Project No. J7319, Reconstruction of 7 Ave NW from 2 St SW to 4 St NW, and this
report was received by the council on March 19, 2018; and
WHEREAS, the report provides information regarding whether the proposed
improvement is necessary, cost-effective, and feasible; whether it should best be made
as proposed or in connection with some other improvement; the estimated cost of the
improvement as recommended; and a description of the methodology used to calculate
individual assessments for affected parcels; and
WHEREAS, a resolution of the Common Council adopted March 19, 2018, fixed a
date for a council hearing on Improvement J4691; and
WHEREAS, ten days’ mailed notice and two weeks’ published notice of the hearing
was given, and the hearing was held thereon on the 2nd day of April, 2018, at which all
persons desiring to be heard were given an opportunity to be heard thereon; and
WHEREAS, estimated costs have been calculated for Improvement Project No.
7319, by the City Engineer and the estimated cost for such improvement is
$4,581,400.00, and with the expenses incurred or to be incurred in the making of such
improvement the total cost of the improvement is estimated to be $5,955,820.00;
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of
Rochester, Minnesota:
1. Such improvement is necessary, cost-effective, and feasible as detailed in the
Feasibility Report.
2. Such improvement is hereby ordered as proposed in the council resolution adopted
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the 19 day of March, 2018.
3. Such improvement has no relationship to the comprehensive municipal plan.
4. City Engineering staff are hereby designated as the engineers for this improvement.
The engineer shall prepare plans and specifications for the making of such
improvement.
5. The City Council declares its official intent to reimburse itself for the costs of the
improvement from the proceeds of tax exempt bonds.
6. The portion of the cost of such improvement to be assessed against benefited
property owners is declared to be $690,909.23.
7. Assessments shall be payable in equal annual installments extending over a period
of 10 years, the first of the installments to be payable on or before the first Monday in
January, 2019, and shall bear interest at the rate of 4.5 percent per annum from the
date of the adoption of the assessment resolution.
8. 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 cash
valuation, as provided by law, and she shall file a copy of such proposed assessment in
her office for public inspection.
9. A public hearing shall be held on such proposed assessment, to be held on April
16, 2018.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2018.
____________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2018.
__________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)