Loading...
HomeMy WebLinkAbout20100920 - VI-06 To: Honorable Mayor and City Council From: Nick Egger – City Engineer Date: September 15, 2010 Re: 2009 Infrastructure Improvement Projects Assessment Report Council Action Requested: The Council is requested to adopt the attached resolution receiving the assessment report, declaring the amount to be assessed, and ordering the assessment hearing to take place at its th regular meeting on October 4. Background Information: The Council will receive a copy of the 2009 Infrastructure Improvements Assessment Report at Monday evening’s meeting, which includes the assessment roll for the Industrial Park Area Improvements. The Assessment Report contains the following information:  2009 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 Financial Impact: Below is a brief funding summary for the 2009 Infrastructure Improvements: Funding Sources Amount Assessments $425,608.50 Wastewater Fund $21,623.33 Water Fund $91,090.87 MnDOT Municipal State Aid $1,100,000.00 Vermillion River Watershed Grant $125,000.00 HEDRA $25,000.00 Bonded Debt $1,006,903.55 TOTAL PROJECT COSTS$2,795,226.25 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 2009II NFRASTRUCTURE MPROVEMENTS WHEREAS , the City Engineer has prepared a report summarizing final project costs and assessments for the 2009 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 $2,795,226.25 and of this cost $425,608.50 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 $425,608.50 III. A hearing shall be held on Monday, October 4, 2010 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 20 DAY OF SEPTEMBER, 2010. Ayes: Nays: Paul J. Hicks, Mayor ATTEST: Melanie Mesko Lee, City Clerk SEAL