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HomeMy WebLinkAboutResolution No. 135-14 RESOLUTION WHEREAS, pursuant to the City of Rochester's Capital Improvement Plan, a report has been prepared by the City Engineer with reference to proposed Improvement Project No. M14-09,J7810, Sanitary Sewer and Water Main to Serve Oakledge and this report was received by the council on April 21, 2014 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. NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester, Minnesota: 1. The council will consider the improvement of such street in accordance with the report and the assessment of abutting property for all or a portion of the cost of the improvement pursuant to Minnesota Statutes, Chapter 429 at an estimated total cost of the improvement of$188,034.00. 2. Such improvement is necessary, cost-effective, and feasible as detailed in the . feasibility report. 3. Such improvement is hereby ordered as proposed. 4. Such improvement has no relationship to the comprehensive municipal plan. 5. City Engineer is hereby designated as the engineer for this improvement. The engineer shall prepare plans and specifications for the making of such improvement. 6. The city council declares its official intent to reimburse itself for the costs of the improvement from the proceeds of tax exempt bonds. 7. Directs staff to prepare an Agreement of Assessment and Waiver of Irregularity and Appeal to be signed by the affected property owners with the following terms: a. The assessments for these two properties will include $63,881.73 in schedule payments plus $42,939,28 due upon development of the undeveloped portion of their property (Frogner). This commitment exceeds 50% of the project cost. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF • ROCHESTER, MINNESOTA, THIS 21st DAY OF APRIL, 2014. PRESIDENT F SAID COMMON COUNCIL ATTEST: CITY CLERK APPROVED THIS 22"d DAY OF APRIL, 2014. P +v. MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) • •