82-37
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESTOA
RESOLUTION
DATE:
June 7, 1982
RESOLUTION NO:
82-37
MOTION BY COUNCILMAN: Neveaux
SECONDED BY COUNCILMAN:
Geving
A RESOLUTION ADOPTING THE REASSESSMENT ROLL FOR LOTS IN KELLYNNE
ADDITION, PROJECT 71-1
WHEREAS, the City of Chanhassen, by various resolutions adopted
heretofore authorized the construction and assessment of the North
Area Sewer and Water Project 71-1, and
WHEREAS, Section 429.071 of Minnesota Statutes autho:d:zes the
City to levy supplemental assessments for the purpose of making
corrections relating to the total cost of a public improvement
project or relating to any other particular.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
4It of Chanhassen, Minnesota, as follows:
1. That the assessments levied upon Lots 1 and 2,
Block 1 and Lot 1, Block 2, Kellynne Addition on May 5,
1978 were erroneously placed and must be 'immediately
deleted since said lots derive no lateral benefit from
Project 71-1.
2. That assessments be immediately levied upon Lot 4, Block
1 and Lots 2 and 3, Block 2, Kellynne Addition as these
lots derive lateral sanitary sewer benefit from Project
71-1.
3. That the amount of the assessments placed on the benefitting
lots shall be equal to the remaining principal balance
of the assessments as listed in Item 1, above.
Passed and adopted by the City Council of the City of Chanhassen,
7th day of June, 1982.
ATTESTic2J (k::J;6
City Clerk/Manager
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YES
NO
ABSENT
Mayor Hamilton
Councilman Geving
Councilman Horn
Councilman Swenson
Councilman Neveaux
None
None
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EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF CHANHASSEN
COUNTIES OF CARVER AND HENNEPIN, MINNESOTA
Pursuant to due call and notice thereof, a regular meeting of the
City Council of the City of Chanhassen, Minnesota, was duly held in
the City Hall in the City of Chanhassen on Monday, June 7, 1982,
commencing at 7:30 o'clock p.m" C.T.
The following members of the Council were present: Hamilton,
Neveaux, Swenson, Geving, Horn
and the following were absent: None
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The Mayor announced that the meeting was convened for the consid-
eration of the bids which had been received for the purchase of the
Cityl s $3,955,000 General Obligation Improvement Bonds of 1982, as
advertised for sale. The City Manager presented affidavits showing
publication of notice of sale in the City's official newspaper and in
Commercial West, a financial paper published in Minneapolis,
Minnesota, which affidavits were examined, found satisfactory and
ordered placed on file.
The City Manager presented a tabulation of the bids which had
been received in the manner specified in the notice of sale of the
Bonds. The bids were as follows:
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BANCNORTHWEST )
FIRST BANK ) JOINT
MINNEAPOLIS ) MANAGER
American National Bank
and Trust Company
Cronin & Marcotte, Inc.
E.F. Hutton & Co., Inc.
Merrill Lynch White Weld
Capital Markets Group
John Nuveen & Co., Inc,
Dougherty Dawkins Strand
& Yost, Inc.
Moore Juran & Co., Inc.
M.H, Novick & Co., Inc.
In Association with:
10.75% - 1984/85
10.80% - 1986/88
10.90% - 1989
11. 00% - 1990
11. 40% - 1991
11.70% - 1992
12.00% - 1993/96
PURCHASE PRICE: $3,877,883,29
DAIN BOSWORTH, INC, )
THE FIRST NATIONAL ) JOINT
BANK OF SAINT PAUL ) MANAGERS
Allison Williams Co" Inc.
Blyth Eastman Paine Webber, Inc.
Piper Jaffray & Hopwood, Inc.
Robert W. Baird & Co., Inc.
Dean Witter Reynolds, Inc.
Miller & Schroeder Municipals, Inc.
Robert S.C. Peterson, Inc.
$3,533,066.93
(11.7937%)