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City Council Resolution 1988-26RESOLUTION 88- 26 RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT WHEREAS, a contract has been let and the costs determined for the improvement of the re-alignment of Otter Creek Road intersection with West County Road 75, and construction of a right turn lane and appurtenant work, and the contract price for such improvements is $9,652.30 and the expenses incurred or to be incurred in the making of such improvements amount to $2,429.16 so that the total cost of the improvement will be $12,081.46. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO, MINNESOTA: 1. The portion of the cost such improvement to be paid by the City is hereby estimated to be $ 5,337.48, and the portion of the cost to be assessed against benefited property owners is estimated to be $ 6,743.98. 2. The City Administrator, 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. Adopted by the Council this 22nd day of August, 1988. C----,~,,,. ~ ~ Arve A. Grimsmo, Mayor ~~~ Rick Wolfstell , City Administrator