HomeMy WebLinkAboutCity Council Resolution 2009-229CITY OF PLYMOUTH
RESOLUTION NO. 2009-229
A RESOLUTION DECLARING COST TO BE ASSESSED AND
ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL
2009 MILL AND OVERLAY PROJECT
CITY PROJECT NO. 9108
WHEREAS, bids have been received for the improvement of Nathan
Lane, South Shore Drive, 10th Avenue, 13th Avenue (Area - 1) and Nathan
Lane/Trenton Lane (Area - 2), by bituminous resurfacing of the street,
replacement of concrete curb and gutter, driveway entrance repair, repairs to
utility strictures, traffic signal loop detectors and all necessary appurtenances,
and the contract price for such improvement is $569,597.43. Expenses
incurred or to be incurred in the making of said improvement amount is
$85,806.45, so that the total cost of the improvement will be $655,403.88.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND
CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA:
1. The portion of the cost of such improvement to be paid by the City of
Plymouth is hereby declared to be $436,207.80 and the portion of the cost
to be assessed against benefited property owners is declared to be
$219,196.08.
2. Assessment shall be payable in equal annual installments extending over a
period of 5 years, the first of the installments to be payable on or before
the first Monday in January, 2010, and shall bear the interest rate of 3.24
percent 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 office for public inspection.
4. The Clerk shall upon completion of such proposed assessment notify the
City Council thereof.
Approved this 22nd day of September, 2009.