HomeMy WebLinkAbout20091005 - VI-05
MEMO
To:
Honorable Mayor and City Council
From:
Nick Egger – City Engineer
Date:
October 1, 2009
Re:
2008 Infrastructure Improvement Projects Assessment Report
The Council will receive a copy of the 2008 Infrastructure Improvements Assessment
Report at Monday evening’s meeting, which includes the assessment rolls for the North
Vermillion Area Improvements, and the Downtown Street & Watermain Improvements.
The Council is requested to adopt the attached resolution receiving the report, declaring
the amount to be assessed, and ordering the assessment hearing to take place at its regular
th
meeting on October 19.
The Assessment Report contains the following information:
?
2008 Improvement Projects Funding Summary, and Assessed City Property
?
Blank Copy of the Assessment Statement
?
Notice of Public Hearing
?
Resolution Declaring Costs to be Assessed
?
Assessment Roll
Below is a brief funding summary for the 2008 Infrastructure Improvements;
FS A
UNDING OURCESMOUNT
Assessments $641,090.18
Wastewater Fund $550,855.03
Water Fund $848,451.50
WAC Fund $395,468.44
Dakota County CDA Grant $250,000.00
Bonded Debt $2,047,257.83
TOTAL PROJECT COSTS$4,733,122.98
CITY OF HASTINGS
DC,M
AKOTA OUNTY INNESOTA
Resolution No.
RAAR,DC
ESOLUTION CCEPTING THE SSESSMENT EPORT ECLARING OSTS
A,OPH
TO BE SSESSED AND RDERING A UBLIC EARING FOR THE
2008-1NVAI,
ORTH ERMILLION REA MPROVEMENTS AND THE
2008-2DS&WI
OWNTOWN TREET ATERMAIN MPROVEMENTS
WHEREAS
, the City Engineer has prepared a report summarizing final project costs and
assessments for the 2008 Infrastructure Improvement Program and
WHEREAS
, the City Council has received said report, and
WHEREAS
, contracts have been let and the improvements constructed for the above
referenced projects;
WHEREAS
, the total cost of said improvements is $4,733,122.98 and of this cost
$641,090.18 is proposed to be assessed.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
HASTINGS AS FOLLOWS:
I. The Assessment Report is hereby accepted by the City Council.
II. The amount to be specially assessed is hereby declared to be $641,090.18
III. A hearing shall be held on Monday, October 19, 2009 at the City Council
Chambers in the Hastings City Hall at 7:00 P.M. 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.
TH
ADOPTED BY THE CITY COUNCIL OF HASTINGS, MINNESOTA, THIS 5
DAY OF OCTOBER, 2009.
Ayes:
Nays:
Paul J. Hicks, Mayor
ATTEST:
Melanie Mesko Lee, City Clerk SEAL