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HomeMy WebLinkAboutResolution No. 187-13/8 7 /.-�7 Form 8 • WHEREAS, a contract has 9563) "Reconstruct TH52 East Fr price for such improvement(s) is $1 improvement(s) amount to $238,00' City will pay $898,865.70 as its sha RESOLUTION )een let for the following local improvement(s): Project No. S.P. 159-126-11 (J- )ntage Road from 41st Street NW to Pennington Court NW" and the contract 190,034 and the expenses incurred or to be incurred in the making of said so that the total cost of the improvement(s) will be $1,428,041 and of this cost the e thereof. NOW THEREFORE, BE I 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 $529,175.30. (2) The City Clerk with the assistance of the City Engineer shall forthwith calculate the proper amount to be specially assessed for such.improve ent(s) against every assessable lot, piece or parcel of land within the district affected, without regard to cash val ation, as provided by law. A copy of such proposed assessment shall be filed in the office of the City Clerk for publ c inspection. (3) Upon completion of suc� 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 thereby under the following circumstances (based on senior citizenship or development): N/A together with simple interest to accrue thereon at the rate of N/A percent per annum 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 • assessed against properties benefitell thereby but not presently assessed or assessable with simple interest thereon to accrue at the rate of N/A percent pe annum for a period of N/A years from the date of the adoption of this resolution or until assessed, whichever occurs tirst. PASSED AND ADOPTED MINNESOTA, AT A MEETING Tl ATTEST: (Seal of the City of Rochester, Minnesota) • CLERK THE COMMON T T� C 203ROCHESTER, EOF HELD T 1564 PRESIDENT OF SAID`COMMON COUNCIL APPROVED THIS 16TH DAY OF APRIL , 2013 MAYOR OF SAID CITY