91-7783R38
RESOLUTION NO. 7783
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION
OF ASSESSMENT FOR STREETLIGHT IMPROVEMENT AT 6709 FIRST AVENUE
CITY PROJECT NO. 869
WHEREAS, costs have been determined for the street light
improvement at 6709 First Avenue, and the costs .incurred for such
improvement amount to $1,261.75.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota:
1. The portion of the cost of .such improvement to be paid
by the City is hereby declared to be $121.75, and the portion of
the cost to be assessed against benefited property owners is
declared to be $1,1.40.
2. .Assessments shall be payable in equal installments
extending over a period of three years, and shall bear interest
at the rate of eight percent (8$) per annum from the date of the
adoption of the assessment resolution.
3. The City Clerk shall forthwith calculate the proper
amount to be specially assessed for such improvement against the
property at 6709 First Avenue, as provided by law, and he shall
file a copy of such proposed assessment in his office for public
inspection.
4. The Clerk shall upon the completion of such proposed
assessment, notify the Council thereof.
Adopted by the City Council of the City of Richfield this
12th day of August, 1991.
r-
ls~/i ~
Martin J. i sch Mayor
ATTEST:
~~
Thomas P. Ferber City Clerk