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� ' <br /> - RESOLUTION <br /> WHEREAS, a contract has been let (costs have been determined ) for <br /> the improvement of Brunes Street between TH 371 and E. Front Street <br /> and the bid price for such improvement is $7,490, and the expenses <br /> incurred or to be incurred in the making of such improvement amount to <br /> $435 so that the total cost of the improvement will be $7,925, <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PEQUOT LAKES, <br /> MINNESOTA: <br /> 1 . The portion of the cost to be assessed against benefited <br /> property owners is declared to be $7,925. <br /> 2. Assessments shall be payable in equal annual installments <br /> extending over a period of 10 years, the first of the installments to <br /> be payable on or before the first Monday in January, 1991 , and shall <br /> bear interest at the rate of 8 per center per annum from the date of <br /> the adoption of the assessment resolution . <br /> 3. The city clerk , shall forthwith calculate the proper amount to <br /> be specially assessed for such improvement against every assessable <br /> lot, piece or parcel of land within the district affected , without <br /> regard to cash valuation , as provided by law, and she shall file a copy <br /> of such proposed assessment in her office for public inspection . <br /> 4. The clerk shall upon the completion of such propc\sed assess- <br /> ment, notify the council thereof . - - --- <br /> ' ' ` <br /> \`'--` .'� <br /> `, ''- ' - <br /> Adopted by the council this 4th day of Septemb��� � ' �/ '''�/ <br /> � , ' <br /> ��, `��~ ~` <br /> City Clerk ` ` �� ,� .-_- _ <br /> `` _-' <br /> .^` , - <br /> `~- =� <br /> 0--, <br />