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93-8040R00 RESOLUTION N0. 8040 RESOLUTION ADOPTING ASSESSMENT ON CITY PROJECT NO. 874 ILN MAINTENANCE FOR THE PERIOD JANUARY 1 - DECEMBER 31, 1992 WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and passed upon all objections to the proposed assessment for current services related to maintenance of the Interstate/Lyndale/Nicollet (ILN) Redevelopment Area, which is approximately bounded by Lyndale Avenue, 78th Street, the railroad tracks and 77th Street including that property known as Hennepin County .Property Identification No. 34-028-24-33-0073 in the City of Richfield. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. Such proposed assessment roll in the total amount of $7,031.70, is hereby accepted 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 proposed current services in the amount of assessment levied against it. 2. Such assessment shall be payable before or during 1993 and shall bear interest at the rate of eight percent from the date of adoption of this assessment resolution. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property to the City's Assessing Division and he may, at any time thereafter, pay to the City's Assessing Division the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. 4. The City Clerk shall forthwith transmit a certified duplicate of this assessment roll to the County Auditor to be extended on the proper tax lists of the county and such assessment shall be collected and paid over in the same manner as other municipal taxes. Passed by the City Council of the City of Richfield, Minnesota this 26th day of July, 1993. Martin J irsch Mayor ATTEST: ~~~¢~-~~~a ~~'~'.-e.~. ~ ems.- -- Thomas P. Ferber City Clerk