87-7363R33
RESOLUTION N0. 7363
RESOLUTION CONFIRMING SPECIAL
ASSESSMENT AGAINST PROPERTY OF
HOLY ANGELS ACADEMY
BE IT RESOLVED By the City Council of the City of Richfield, Hennepin
County, Minnesota, as follows:
1. The City has duly instituted and conducted Improvement Project
No. 799 (Project) pursuant to the provisions of Minnesota Statutes, Chapter
429, consisting of the installation of fire suppression equipment in
buildings owned by Sisters of St. Joseph of Carondolet - Holy Angels
Academy (School).
2. The Director of Community Development has prepared an assessment
(Assessment) of the costs of the Project to be assessed against the land
owned by the School which has been benefitted by the Project.
3. It is found and determined that the Assessment is proper. The
Assessment as proposed is accepted and each tract of land included therein
is found and determined to be benefitted by the proposed Assessment in an
amount at least equal to the amount of the Assessment. A copy of the
Assessment is attached and made a part of this resolution.
4. The Assessment is payable in equal annual installments extending
over a period of 20 years. The first installment of the Assessment is
payable on or before ;the first Monday in January, 1988, with interest at
the rate of 8.00 per annum from the date of this resolution until December
31, 1987. To each subsequent installment when due be added interest for
one year on all unpaid installments.
5. The School may, at any time prior to the certification of the
Assessment to the County Director of Property Taxation, pay the entire
Assessment with accrued interest to date of payment to the City Treasurer,
or make partial payments thereof as outlined by City ordinance, but no
interest will be charged if the Assessment is paid in full within 30 days
of the adoption of this resolution (i.e. October 29, 1987). The School may
also, at any time thereafter pay to the Treasurer the entire amount of the
Assessment unpaid with accrued interest to December 31 of the year in which
the payment is made. The payment must be made prior to November 15 or
interest will be charged through December 31 of the next succeeding year.
6. The Clerk is authorized and directed to transmit a certif led copy
of this resolution to the School.
Resolution No. 7363
-2-
7. The Clerk is authorized and directed to transmit a certified copy
of this resolution to the Directbr of Property Taxation of Hennepin County
requesting extension of the Assllessment on the property tax lists of the
County. The Assessment will be ~ollected and paid over in the same manner
as other municipal taxes.
Passed by the City Council of thel~City of
of September, 1987. ', ,
el d ,;Mirf,~esota ,thi s 28th day
n Hamillfin -'""~` Mayor
Attest:
Thomas P. Ferber City Clerk