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93-8023R/ 1 RESOLUTION N0. 8023 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR LHN MAINTENANCE JANUARY 1, 1992 THROUGH DECEMBER 31, 1992 CITY PROJECT NO. 873 WHEREAS, costs have been determined for the maintenance of the Lyndale/Hub/Nicollet (LHN) Redevelopment Area which is approximately bounded by 64th Street, First Avenue, 67th Street and Emerson Avenue in the City of Richfield and the expenses incurred or to be incurred for such maintenance amount to 547,005.26 for the period of January 1, 1992 through December 31, 1992. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota: 1. The portion of the cost to be assessed against benefited property owners is declared to be 547,005.26. 2. The City Clerk, with the assistance of the City Engineer and the Operations Coordinator, shall forthwith calculate the proper amount to be specially assessed for such maintenance against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and shall file a copy of such proposed assessment in the Clerk's office for public inspection. 3. The City Clerk shall, upon the completion of such proposed assessment, notify the City Council thereof. Adopted by the City Council of the City of Richfield, Minnesota this 14th day of June, 1993. Martin J. K rs Mayor ATTEST: ~-~~~ ~~ Thomas P. Ferber City Clerk