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HomeMy WebLinkAboutCity Council Resolution 1997-551CITY OF PLYMOUTH RESOLUTION N0.97 - 551 RESOLUTION DECLARING COST TO BE AKESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT PEONY LANE CITY PROJECT NO. SM WHEREAS, a contract has been let for the improvement of: Peony Lane from State Highway 55 to north of the Wayzata Senior High School Site. by the installation of a bituminous street with concrete curb and gutter, storm sewer, a railroad crossing bridge, 8 foot wide bituminous trails, water lateral and trunk facilities and all necessary appurtenances, and the contract price for such improvement is $4,801,442 and the expenses incurred or to be incurred in the making of said improvement amount to $756,709 so the total cost of the improvement will be $5,558,151 and of this cost the City will pay $4,260,490.30 as its share of the cost; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. It is determined that the following charges for trunk water main, pumping and storage facilities for the above project shall be applied to the existing land use zoning Residential $1,580 per acre Commercial/Industrial $2.370 per acre 2. The cost of such improvement to be specially assessed is hereby declared to be $725,086.08. 3. Th' City Clerk, with the assistance of the City Engineer, shall forthwith calculate the proper amount to be special assessed from such improvement against every accessible lot, piece or parcel or land within the district affected, without regard to cash valuation, as provided by the 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. Adopted by the City Council on September 17, 1997. C %W1N1)0WM1TMh0e lL de r�