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83-6755R79 RESOLUTION NO. 6755 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR C.P. 775 ALLEY PAVING WHEREAS costs have been determined for the improvement of the following alleys by reconstruction and concrete paving: Alley Between From To 62nd Street and 63rd Street 14th Avenue 15th Avenue 4th Avenue and 5th Avenue 66th Street 67th Street 4th Avenue and 5th Avenue 73rd Street 74th Street Clinton Avenue and 4th Avenue 73rd Street 74th Street Blaisdell Ave. and Nicollet Ave. 73rd Street 74th Street Grand Avenue and Pleasant Ave. 72nd Street 73rd Street Harriet Avenue and Grand Ave. 72nd Street 73rd Street Garfield Ave. and Harriet Ave. 72nd Street 73rd Street Queen Avenue and Penn Avenue 67th Street 68th Street Russell Avenue and Queen Avenue 69th Street 70th Street Thomas Avenue and Sheridan Avenue 66th Street 67th Street Vincent Avenue and Upton Avenue 68th Street 69th Street Washburn Avenue and Vincent Avenue 68th Street 69th Street Washburn Ave. and Vincent Ave. 69th Street 70th Street Upton Ave. and Vincent Ave. 67th Street 68th Street Aldrich Avenue and Lyndale Ave. 76th Street 77th Street Queen Avenue and Russell Avenue 67th Street 68th Street Queen Avenue and Penn Avenue 69th Street 70th Street And the contract price for such improvement is $295,085.35, and the expenses incurred or to be incurred. in the. making of such improvement amount to $55,141.15 so that the total cost of the improvement will be $350,226.50. 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 $16,023.92, 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 $334,202.58. 2. That said assessment shall run for a period of 20 years and include interest at the rate determined at bond sale. 3. The city clerk and the city engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel- of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection.. -a- l ~\ .~ 4_ The clerk shall upon the completion of such proposed assess-vent, notify t e council thereof. Adopted by the council of~~ the City of Richfield, Minnesota this ~Krh rl~cr r,~ ar„~; 1 1 oS2Z