84-6912R4b
RESOLUTION N0. 6912
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RESOLUTION DECLARING COST TO BE ASSESSED AND
ORDERING PREPARATION OF PROPOSED ASSESSMENT
FOR CITY PROJECT N0. 786, ALLEY PAVING
WHEREAS, costs have been determined for the improvement of
the following alleys by reconstructicn and concrete paving:
Alley Between From To
Garfield and Lyndale Avenues- 68th Street 69th Street
Garfield and Lyndale Avenues 72nd Street 73rd Street
Grand and Harriet Avenues 68th Street 69th Street
Thcmas and Upton Avenues 66th Street 67th Street
Vincent and Upton Avenues 66th Street 67th Street
Vincent and Upton Avenues 69th Street 70th Street
Nicollet and First Avenues 72nd Street 73rd Street
Upton and Thomas Avenues 69th Street 70th Street
62nd and 63rd Street 15th Avenue Bloomington Ave
Sheridan and Thomas Avenues 69th Street 70th Street
Nicollet- and Blaisdell Avenues 74th Street 75th Street
Thomas and Sheridan Avenues 68th Street 69th Street
And the contract price for such improvement is $188,082.65,
and the expenses incurred or to be incurred in the making of
such improvement amount to $37,616.53 sc that the total cost of
the improvement will be $225,699.18.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
Richfield, Minnesota:
1. The portion of the cost of such improvement to be paid
by the city is hereby declared to be $17,544.75 and the portion
of the cost to be assessed against benefited property owners is
at least 20 percent of the total cost and is declared to be
$208,154.43.
2. That said assessment shall run for a period of twenty
(20) years and include interest at the rate of ten percent
(10~) per year on the unpaid balance.
3. The city clerk and the city engineer shall forthwith
calculate the proper amount to be specially assessed for such
improvement against every assessable lct, piece or parcel cf
land within the district affected, without regard to cash
valuation, as prcvided by law, and he shall file a copy of such
proposed assessment in his office fcr public inspection.
4. The clerk shall upon the completion cf such proposed
assessment notify the council thereof.
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Adopted by the City Counoil of the City of Richfield,
Minnesota this 13th day of Augur, 19$-~~,
n Hatpdhtcn , Mayor
ATTEST: ~
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y v' K. Bergh, City rk