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City Council Resolution 1988-41RESOLUTION 88- 41 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 County Road 118, and County Road 39 between I-94 and Mississippi Drive with watermains and between Mississippi Drive and County Road 75 along frontage road with sanitary sewer extensions and appurtenant work; and improvements to East County Road 39 between Mississippi Drive and city limits with sanitary sewer, watermain, and appurtenant work; and along Dundas Circle with sanitary sewer, watermain, curb, gutter, and street improvements, and the contract price for such improvements is $499,995.00 , and the expenses incurred or to be incurred in the making of such improvements amount to $121,794.00 so that total cost of the improvement will be $621,789.00 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO, MINNESOTA: 1. The portion of the cost of such improvement to be paid by the City is hereby estimated to be $255,277.00 , and the portion of the cost to be assessed against benefited property owners is estimated to be $366,512.00 2. The City Administrator, with the assistance of Consulting Engineer, OSM, 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 26th day of September, 1988. l~ Mayor .~~ Gfl ,~9 e' City Administ for