HomeMy WebLinkAboutResolution 5969 0
CITY of ORONO
1 .�� i RESOLUTION OF THE CITY COUNCIL
kSI'IO NO.
A RESOLUTION DECLARING COST TO BE ASSESSED
AND ORDERING PREPARATION OF PROPOSED ASSESSMENT
FOR NORTH FARM ROAD SEWER PROJECT
WHEREAS,costs have been determined for the North Farm Road sanitary sewer project and
the estimated cost of the improvement will be $67,500.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF ORONO,
MINNESOTA:
1. The total cost to be assessed against benefited property owners is declared to be
$67,500.
2. Assessments shall be payable in equal annual installments extending over a period
of 15 years, the first of the installments to be payable on or before the first Monday
in January 2011, and shall bear interest at the rate of 6.25 per cent per annum from the
date of the adoption of the assessment resolution.
3. 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 shall file a copy of such proposed assessment in the clerk's office for public
inspection.
4. The Clerk shall upon completion of such proposed assessment, notify the Council
thereof.
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held September
27, 2010.
ATTEST:
Li da S. Vee, City Clerk Ja es M. White, Mayor
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