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Home My WebLink About4.k. Declare Cost/Set Assessment Hearing - 1995 Bituminous Overlay & Appurtenant Work, City Project #268 CITY OF ROSEMOUNT • EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: September 19, 1995 AGENDA SECTION: AGENDA ITEM: Deciare Cost/Set Assessment Heari pro ect Consent 1995 Bituminous Overlay & Appurtenant Work, City 1 #268 � AGENDA �� ), PREPARED BY: Bud Osmundson � �f City Engineer/Public Works Director ' ATTACHMENTS: Resolution, Project Cost & Funding APPROVED BY: Summary, Map 'ect Cost and Funding Summary and a resolution declarin nal'es mate for Attached �s a Pro� the above referenced project. The total project cost is $25,618. The orig the project was 530,000. Per Council's decision, 35% of the project cost �Se°S eroposed otbe 5140 eP e'viously properties. Per this requirement the cost per hom roximately $159. The remainder of the we had advised homeowners that it would be app funding will come from the Operating Budget for Rea Publ c Heatling to cons der these recommends the action as stated below and to se assessments on October 17, 1995 at 8:00 p.m. or as soon as possible thereafter. RECOMMEN DED ACTION: MOTION TO ADOPT A RESOLUTION DEC E TNAND CAL NG ASSESSED AND ORDERING PREPARA S��S MENT�FOR THE1 995 BtTUMINOUS OVERLAY FOR HEARING ON THE PROPOSED AS AND APPURTENANT WORK IMPROVEMENTS, CITY PROJECT #268. COUNCIL. ACTION: 3 1 1 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1995 63 A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON THE PROPOSED ASSESSMENT 1995 BITUMINOUS OVERLAY AND APPURTENANT WORK IMPROVEMENTS CITY PROJECT #268 WHEREAS, a contract has been let for 145th Street Improvements Chili Avenue to Cameo Avenue, and the contract price for such improvement is $24,556, and the expenses incurred or to be incurred in the making of such improvement amount to $1,062 so that the total cost of the improvement will be $25,618. NOW, THEREFORE, BE IT RESOLVED by the City Council of Rosemount Minnesota: 1. The portion of the cost of such improvement to be paid by the City is hereby declared to be $16,652 and the portion of the cost to be assessed against benefited property owners is declared to be $8,966. 2. Assessments shall be payable in one installment, the payment shall be payable with general taxes for the year 1995, and shall bear interest at the rate of 8% from date of the adoption of the assessment resolution. 3. The City Clerk, with the assistance of the Public Works Director 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 shall file a copy of such proposed assessment in his office for public inspection; and BE IT FURTHER RESOLVED by the City Council of Rosemount, Minnesota: 1. A hearing shall be held on the 17th day of October, 1995, in the City Hall at 8:00 p.m., or as soon thereafter as possible, to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. 2. The City Clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing, and she shall state in the notice the total cost of the improvement. She shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not Tess than two weeks prior to the hearings. 1 1 1 Resolution 1995 63 BE IT FURTHER RESOLVED by the City Council of Rosemount, Minnesota: The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. The owner may at any time thereafter, pay to the County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. ADOPTED this 19th day of September, 1995. E. B. McMenomy, Mayor ATTEST: an M. W sh, City Clerk Motion by: Wippermann Seconded by: Staats Voted in favor: Wippermann, McMenomy, Staats, Busho, Anderson. Voted against: None. 2 PROJECT COSTS AND FUNDING SUMMARY 1995 BITUMINOUS OVERLAY CITY PROJECT #268 COSTS CONTRACT $24,556 LEGAL NOTICES S 330 TESTING $ 732 TOTAL PROJECT COST $25,618 � FUNDING SOURCES AMOUNT Streets: Operating Budget 516,652 Assessments (35% of Project Cost) $ 8,966 TOTAL FUNDING 525,618 TOTAL UNITS 64 COST PER UNIT $ 140 . • � � � ' � �; � , � , � � � ; - ;:-::;�.��\`��. 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