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HomeMy WebLinkAboutResolution No. 209-18 Project J8611 Ordering Improvement and assessment roll 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. J7326, Reconstruct 4th Street SW from 1st Avenue SW to 6th Avenue SW, and this report was received by the council on February 21, 2018; and WHEREAS, a resolution of the city council adopted the 7th day of May, 2018 fixed a date for a council hearing on Improvement No. J8611, the proposed improvement of 13th Ave SW and 12th Ave SW Sanitary and Storm Sewer Relief Line, and WHEREAS, ten days’ mailed notice and two weeks’ published notice of the hearing was given, and the hearing was held thereon on the 4th day of June, 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 No J8611, the proposed improvement of 13th Ave SW and 12th Ave SW Sanitary and Storm Sewer Relief Lines and the estimated total project cost for such improvement is $4,400,340.86 of which the estimated total to be assessed is $149,061.04, 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 the 7th day of May, 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 $149,061.04. 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 on July 2, 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)