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HomeMy WebLinkAboutResolution 2021-108 Declaring Assessment Costs-Appaloosa WoodsCity of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2®21-108 Motion By: Nichols Seconded By: Bottema September 23, 2021 A RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENTS FOR THE APPALOOSA WOODS STREET IMPROVEMENT PROJECT WHEREAS, pursuant to Minnesota Statutes § 429.061 the costs incurred in making the improvements of the Appaloosa Woods Street I calculated and so determined; and and expense incurred and to be mprovement Project, have been WHEREAS, the costs and expense have been calculated for the Appaloosa Woods Improvement Project, the improvement by reconstruction of the existing roadways of the following: ® 81st Place from City of Corcoran Eastern Boundary to Cifiy of Corcoran Northern Boundary 81st Place turnaround from 81st Place to End Ridge Court from 81 st Road to end of public roadway, approximately 30 feet; and WHEREAS, the estimated cosfi and expense incurred and to be incurred in making such improvements is the amount of $146,191.420 and HEREAS, Minnesota Statutes § 429.061, Subd. 1, provides that "[a]t any time after the expense incurred or to be incurred in making an improvement shall be calculated under the direction Of the Council, the Council shall determine by resolution the amount of the total expense a municipality will pay, other than the amount, if any, which it will pay as a property owner and the amount to be specially assessed.". 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $0.00 and the portion of the cost to be assessed against the benefited property owners is declared to be $148, 791.42 . 2. Assessments shall benyable in equal annual installments extending over a period of ten years, the first of fihe installments to be payable on or before November 15th, and shall bear interest at the rate of 1.83 percent per annum from the date of the adoption of the assessment resolution. 3. The City Clerk 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 he/she shall file a copy of such proposed assessment in his/her office for public inspection. City of Corcoran County of Hennepin State of Minnesota VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ❑ Schultz, Alan ® Vehrenkamp, Dean September 23, 2021 RESOLUTION NO. 2021-108 VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 23rd day of September, 2021. om McK ATTEST: Jessica Beise —Administrative Services Director Page2of2 — Mayon City Seal L. CL E a i 1 N Ln In ►n In to In In Ln �,D QO kD QD kD �D Ln Ln QD m In ►.n In in in Ln Ln un m Ln In In m Ln Ln Ln ' G d d rt It d- d- d- d d- Rzt d d xt- r - d- d d- rml m m m m 1 m 1 m m m 1\1\1 0 0 0 0 0 0 m m O �j1 �I1 J1 � r i �J1 -J u i L1 J /'�1 V 1 /'�1 u ! /\1 u / /\\ L ) r J\\1 r=4 LJ 00 nWl I / J > a vi V%�, if� 4%4 V : V)� vm�l {.n- VII -jp)� in Vm in. 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