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91-7787R42 RESOLUTION N0. 7787 RESOLUTION 'ADOPTING ASSESSMENT ON INSTALLATION OF A FIRE PROTECTION SYSTEM FOR RICHFIELD SHOPPES DEVELOPERS WHEREAS, pursuant. to proper notice duly given as required by law, the City Council has met and passed upon all objections to the proposed assessment on the installation of a fire protection system for Richfield Shoppes Developers, located on 6501-6539 Nicollet Avenue;- NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Hennepin County, Minnesota as follows: 1. Such proposed assessment roll is hereby accepted and constitutes the special assessment against the property named therein.- PID number 27-028-24-13-0059, 6501-.6539 Nicollet Avenue. 2. Such assessment in the amount of $95,073.28 shall bear interest at the rate of eight (8$) percent from date of adoption of this assessment resolution, and shall be spread over a five (5) year special assessment roll. 3. The owner of the property so assessed may, at any time prior to certification of the assessment to the County Auditor or prior to November 15, 1991, pay whole of the assessment on such property to the City's Assessment Division and he may, at any time thereafter, pay to the City's Assessing Division the entire amount of the assessment remaining unpaid. 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 12th day. of August, 1991. ~~~ - -. Martin J. irsch Mayor ATTEST: ~~~~ ~~ . Thomas P. Ferber City Clerk