14-10993r RESOLUTION NO. 10993
CITY OF RICHFIELD
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT NO. CP-41007(NORTH RICHFIELD PARKWAY)
WHEREAS,pursuant to proper notice duly given as required by law,the City Council of the City
of Richfield(the"City")has met and heard and passed upon all objections to the proposed assessment for
Improvement No. CP-41007 (North Richfield Parkway), the improvement on Richfield Parkway between
the center-line of 65th Street and the center-line of 63rd Street by total reconstruction (hereinafter, the
"Improvement Project");and
WHEREAS, costs have been calculated for the Improvement Project and a proposed assessment
roll for the Improvement Project has been submitted to the City Council; and
WHEREAS,the total estimated cost for the Improvement Project is $3,625,000 with the total cost
to be assessed being$780,000.
NOW THEREFORE,BE IT RESOLVED by the City Council of the City of Richfield that:
1. The above-referenced recitals are incorporated herein to this resolution as if fully set
forth herein.
2. The proposed assessment roll, a copy of which is attached hereto as EXHIBIT A and
made a part hereof as if fully set forth herein, is hereby accepted and adopted and shall constitute the
special assessment against the lands named therein, and each tract of land therein included is hereby
found to be benefited by the improvement in the amount of the assessment levied against it.
3. Such assessment shall be payable in equal annual installments extending over a period of
twenty (20)years, the first of the installments to be payable on or before the first Monday in January 2015,
and shall bear interest at the rate of four percent (4.0%) per annum from the date of the adoption of this
assessment resolution. To the first installment shall be added interest on the entire assessment from the date
of this assessment resolution until December 31, 2014. To each subsequent installment, when due, shall be
added interest for one year on all unpaid installments.
4. The owner of any property so assessed may, at any time prior to certification of the
assessment to the County Auditor of Hennepin County,Minnesota(the"County Auditor"),pay the whole
of the assessment on such property, with interest accrued to the date of payment, to the City, except that
no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this
assessment resolution. The owner of any property so assessed may at any time thereafter, pay to the
County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to
December 31 of the year in which such payment is made. Such payment must be made before
November 15 or interest will be charged through December 31 of the succeeding year.
5. The City Clerk shall forthwith transmit a certified duplicate of this assessment resolution
to the County Auditor to be extended on the property tax lists of Hennepin County. Such assessment
shall be collected and paid over in the same manner as other municipal taxes.
Adopted by the City Council of the City of Richfiel his 28th day of October,2014.
iorAl ,
Debbie Goettel,Mayor
ATTEST:
Nancy Gibbs1 Clerk
2
EXHIBIT A
ASSESSMENT ROLL
NAME ADDRESS PID# ASSESSMENT
City of Richfield 6314 17th Avenue 2602824110045 $54,734.82
City of Richfield 6320 17th Avenue 2602824110044 $55,669.04
City of Richfield 6326 17th Avenue 2602824110043 $55,669.04
City of Richfield 6332 17th Avenue 2602824110042 $55,669.04
City of Richfield 6338 17th Avenue 2602824110041 $55,669.04
City of Richfield 6344 17th Avenue 2602824110040 $55,669.04
HRA Richfield 6400 17th Avenue 2602824140019 $56,686.44
City of Richfield 6408 17th Avenue 2602824140018 $55,669.04
City of Richfield 6414 17th Avenue 2602824140017 $55,669.04
City of Richfield 6420 17th Avenue 2602824140016 $55,669.04
City of Richfield 6426 17th Avenue 2602824140015 $55,669.04
City of Richfield 6432 17th Avenue 2602824140014 $55,669.04
City of Richfield 6438 17th Avenue 2602824140013 $55,669.04
City of Richfield 6444 17th Avenue 2602824140012 $56,219.33
A-1
450012v1 JAE RC145-632