85-7072R16
RESOLUTION N0. 7072
RESOLUTION ADOPTING ASSESSMENT ON CITY PROJECT N0. 813,
RICHFIELD STATE AGENCY STORM SEWER IMPROVEMENTS
WHEREAS, pursuant to proper notice duly given as required by
law, the. city council has met and heard and passed upon all
objections to the proposed assessment for the construction of a
storm sewer outlet from the RSA property in the southeast
quadrant of 66th Street and Lyndale Avenue to Richfield Lake
across public right-of-way and across the property in the
northwest quadrant of 66th Street and Lyndale Avenue.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota:
1. That the city clerk has, with the assistance of the city
engineer, calculated the proper amounts to be assessed for City
Project No. 813, the Richfield State Agency Storm Sewer
Improvements, against every assessable lot, piece or parcel of
land specially benefited thereby in accordance with the
provisions of law, and the proposed assessment so made up was
filed with the city clerk for more than 15 days prior to the
assessment hearing and was open to public inspection during said
period.
2. That the City Council has heretofore duly established
City Project No. 813, and after carefully considering all the
facts, the benefits to each lot, piece or parcel of land and
fully advising itself in the premises, has found and determined
and hereby declares that each and every lot, piece or parcel of
land included in said proposed assessment roll was improved by
reason of the construction of said City Project No. 813 and has
been and is specially benefited in the amount set out in the
assessment roll opposite each such lot, piece or parcel of land.
3. The owner of any property so assessed may, at any time
prior to certification of the assessment to the county auditor,
pay whole of the assessment on such property to the city's
Assessing Division and he may, at any time thereafter pay to the
Assessing Division the entire amount of the assessment remaining
unpaid, with interest accrued to December 31 of the year in
which payment is mad e•. Such payment must be made before
November 15 or interest will be charged through December 31 of
the succeeding year.
4. Said assessment is hereby affirmed, adopted, confirmed
and shall be certified by the city clerk and filed in the office
of the city clerk, and shall thereupon be and constitute a
special assessment for said City Project No. 813, RSA Storm
Sewer Improvements.
5. The assessment with accruing interest shall be a lien
upon the property included therein, concurrent with general
taxes and shall be payable in equal annual installments
extending over a period of twenty years unless prepaid or
deferred. All assessment shall bear an annual interest rate
of nine (9) percent, the anticipated average annual interest
rate on bonds to be issue to finance the improvements.
6. The city clerk shall forthwith transmit a certified
duplicate of this assessment roll to the county auditor to
extend on the proper tax fists of the county and such
assessments and interesthereon shall be collected and paid
over in the same manner as other municipal taxes.
Passed by the City Council of the City of Richfield,