HomeMy WebLinkAbout12.d. Receive Costs to be Assessed / Order Assessment Roll - Valley Oak Addition, Phase III, City Project #180 �
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DATE: PtARCH 31, 1989
T0: MAYOR & COUNCILPtEAiBERS
C/0 CITY ADPiINISTRATOR JILK
FROPI: GITY ENGiNEER/PUBLIC WORKS DIRECTOR ilEk'T
RE: ITEriS FOR APRIL 4, 1989 COUNCIL AtEETING
NEW BUSINESS
Receive Gost to be Assessed/Order Preparation of Assessment Roll-
Valley Oak Additian Replat, Phase III (Pr4�ect 180)
All construction related to placing public utilities and streets within the
Valley Oak Addition Replat, Phase IIi, is complete. Our Cansultants and Staff
have inspected the project and find that the Contractor performed the work in
accordance with the Contract Documents and City Standards. The City has made
final payment to the Contractor, thereby closing the contract. Staff has
tabulated all the overhead cost in conjunction with the constructic�n cflst to
arrive at a total project cost. The eonsfiruetion cost and overhead cost are
listed in the attached resolution along with the cost to be assessed.
Recommended aetion for Councii to consider is to adopt the resolution which
receives the cost of the assessed and order Staff to prepare the assessm�nt roll.
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CITY OF R�SEPIOUNT
RESOLUTION 1989 -
A RESOLUTION DECLARING COST TO BE ASSESSED, ORDERING "
PREPARATION OF PROPOSED ASSESSPI�NT, AND GALLING
FOR HEARING ON THE PROPOSE� ASSFSSPi�NT
VALLEY OAK ADDITION REPLAT, PHASE III UTILITY & STREE'F IliPROVEPIENTS
PROJGCT 1F30
WfIrREAS, a contract has beerl :let f�r Valley (�ak Acldilio�i Rr_f�lai_, 1'li,�sc III
Utility & Street improvements, Project 180, and the contract price £or sach
improvement is $116,815.59, and the expenses incurred or to be incurred in the
making of such improvement amount to $100,954.41 so that the total eost of the
improvement will be $217,770.00.
NOW THEREFORE BE IT RESOLVED by the City Council of Rosemount riinnesota:
1. The portion of the cost of such im�rovement to be paid by ttie Gity is hereby
declared to be $10,9$8.95, and the portion of the cost to be assessed
against benefited property owners is declared to be $206,781.05.
2. Assessments shall t�e payable in equal annual installments extending aver a
period of 3, 5 and 10 years depending on type of improvements, the first of
the installments to be payable on pr before the first Atonday in January,
1990, and shall bear interest at the rate of 2% points per annum above the
interest rate paid by the City for its bonds from date af the adoption of
the assessment resolution.
3. The City Administrator/Glerk, with the assistance of the City Engineer shall
forthwith calculate the proper amount to be speeially assessed for such
improvement against every assessable lot, piece or parcel of land withzn the
district affected, without regard to cash valuation, as provided by 1aw, 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, rtinnesota:
1. A hearing shall be held on the 16th day of Ptay, l9$9, in the City Ha21 at
8:00 p.m. , or as soon thereafter as possible, to pass upon such proposed
assessment and at such time and place ail persons owning property affected
by such improvement will be given an opportunity to be heard with reference
to such assessment.
2. The City Administrator/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 he shall state in the
notice the total cost of the improvement, He shall also cause mailed notice
to be given to the owner of each parcel described in tlie assessment roll not
less than two weeks prior to the hearings.
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Resolution 1989 -
Page 2
3. The owner of any property so asse'ssed may, at any time prior to
certification o€ the assessment to the Gounty Auditor, pay the whole o£ the
assessment on such property, with interest accrued to tt�e ciate of payment,
to the City, except ttiat no interest shall be charged if the entire
assessmen� is paid within 30 days from the adoption of the assessment. He
may at any time therea£ter, pay to the �ounty Audztor the entire amount of
the assessment remaining unpaid, with interest accrued to December 31 0€ the
year in which such payment is made. Such payment must be made before
November 15 or interest will be eharged through December 31 of the
succeeding year.
ADOPTED this 4th day of Ptay, 1989.
Rollan Hoke, Pfayor
ATT�ST:
Stephan .TiZk, Administrator/C1erk