HomeMy WebLinkAboutResolution 5583 � ��
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� C ITY of ORONO
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�� G'�' RESOLUTION OF THE CITY COUNCIL
L`�kES�IOg'� NO. _ e e e..y .
A RESOLUTION DECLARING COST TO BE ASSESSED
AND ORDERING FREPARATION OF PROPOSED ASSESSMENT
FOR FARVIEW NEIGHBORHOOD SANITARY SEWER PROJECT
WHEREAS, costs have been determined for the Farview Neighborhood sanitary
sewer improvement project and the estimated contract price for such improvement is
$117,670.00 and the expenses incurred or to be incurred in the making of such improvement
amount to $35,301.00 so that the total estimated cost of the improvement will be $152,971.00.
NOW,THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF
ORONO, MINNESOTA:
1. Tlie total cost to be assessed against benefited property owners is declared to be
$152,971.00.
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: 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 7anuary 2008, 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 disfict aff.ected,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
February 26, 2007. ' .
ATTEST:
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. Linda S. Vee Cit Clerk
, y J es M. Whrte,Mayor
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