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HomeMy WebLinkAboutResolution No. 310-133/6-)3 F./O Form 8 RESOLUTION . WHEREAS, a contract has been let for the following local improvement(s): Project No. N12-04 (J-4671) "2013 Downtown Sidewalk Reconstruction - East Side of 200 Block of 1st Avenue SW and North Side of West 1/2 of 10 Block of 3rd Street SW" and the contract price for such improvement(s) is $121,967 and the expenses incurred or to be incurred in the making of said improvement(s) amount to $36,590 so that the total cost of the improvement(s) will be $158,557 and of this cost the City will pay $76.752.60 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 $81,804.50. (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 thereby under the following circumstances (based on senior citizenship or development): N/A together with simple interest to accrue thereon at the rate of 5.0 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 benefited thereby but not presently assessed or assessable with simple interest thereon to accrue at the rate of N/A percent per annum for a period of n/A years from the date of the adoption of this resolution or until assessed, whichever occurs first. PASSED AND ADOPTED BY THE COMMON COU MINNESOTA, AT A MEETING THEREOF HELD THIS 171n. ATTEST: 0'0-tLaCWaJ&t" DEPurr CITY ftEPK (Sea] of the City of Rochester, Minnesota) 0 OF THE CITY OF ROCHESTER, i�1L0I3. OF,8AID COMMON COUNCIL APPROVED THIS 18th DAY OF JUNE , 2013 MAYOR OF SAID CITY