10-24 Resolution No. 11425 RESOLUTION NO. 11425
RESOLUTION ASESSING COSTS INCURRED FOR THE ABATEMENT OF A
HAZARDOUS PROPERTY RELATING TO 7144 4TH AVENUE SOUTH, RICHFIELD,
MINNESOTA 55423
WHEREAS, the City of Richfield ("City") has incurred costs in the amount of
$17,623.67 related to the abatement of public health and safety hazards on private
property located at 7144 - 4th Avenue South, which legal description is Lot 8, Block 2,
"Ireland Addition", PIN 34-028-24-11-0044 ("Property");
WHEREAS, the City has authority, pursuant to Minn. Stat. §§ 463.21 –463.22 and
Minnesota Statutes Chapter 429, to collect its costs by levying a special assessment
against the Property;
WHEREAS, the Property Owner and City have entered into a Petition and Waiver
Agreement whereby Owner consents to the City levying a special assessment against the
Property in accordance with Minn. Stat. Section 429.061, in the amount of$17,623.67 and
requests that such assessment be paid over a period of ten (10) years;
WHEREAS, in the Agreement, Owner waives all of her rights under Minnesota
Statutes Chapter 429 to notice, a hearing and an appeal relating to the assessment;
WHEREAS, the increase in fair market value of the Property resulting from abating
the hazardous conditions on the Property is at least equal to the amount of the special
assessment levied against the Property and that such increase in fair market value is a
special benefit to the Property.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield,
Minnesota:
1. The total cost to be assessed against the Property is $17,623.67 and shall be
payable over 10 years and shall bear an interest rate of eight percent per
annum.
Adopted by the City Council of the City of Richfield this 4th day of October, 2017.
Pat Elliott, Mayor
ATTEST:
L
Eliz-':et—V nHoose, City Clerk