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81-6429R~., .'~ RESOLUTION NO. 6429 RESOLUTION ADOPTING ASSESSMENT ON CITY PROJECT NO. 705 GODFATHER RESTAURANT EXCELSIOR CENTER BE IT RESOLVED by the City Council of the City of Richfield, Hennepin County, Minnesota as follows: 1. That the city clerk has, with the assistance of the city engineer, calculated the proper amounts to be assessed for the L/H/N Public Improvement Project, City Project 70.5, against every assessable lot, piece, or parcel of land especially 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 notice has been duly published and a public hearing heretofore duly held as required by law so that this council could meet and pass upon the proposed assessment. 3. That an opportunity has been given to all interested persons to present. their objections, if any, to such proposed assessment or to any item thereof at said public hearing. 4. That the city council has heretofore duly established City Project No. 705 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. 705 and has been and is specially benefited in the amount set out in said proposed assessment roll opposite each such lot, piece or parcel of land. 5. The proposed total assessment in the amount of $1,900,142.32, which was affirmed,. adopted and confirmed, except for parcels for which written objections have been filed, on September 22, 1980 and the sums fixed and named in said proposed assessment are affirmed, adopted and confirmed as the proper special assessment for each of said lots, pieces, or parcels of land respective lots, pieces, or parcels of lend therein described for which objections have been withdrawn: OWNER ADDRESS Godfather Restaurant 708 W. 66th St. Excelsior Center, Inc. 1. Retail Stores 6501-03-07-11 Nicollet 2. Pier I Imports 6515 Nicollet 3. Vacant Land 6515 Nicollet 4.~ Shops & Offices 6521 thru 6529 Nicollet 5. Additi on to Warners 6533 Nicollet PROPERTY ID ASSESSMENT 27-028-24-23-0083 $40,277.95 27-028-24-13-0059 16,196.33 27-028-24-13-0060 12,262.03 27-028-24-13-0061 8.86 27-028-24-13-0064 10,122.63 27-02.8-24-13-0065. 7,580.91 ~. -2- 6. .Said assessment is herek~y affirmed., adopted, confirmed, except for parcels for which~wrtten objection has been filed, and shall be certified by the City Clerk, andlshall thereupon be and constitute the special assessment for said City Project No. 705, L/H/N Public Improve- ment Project. C~. 7. 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 20 years. The first installment shall be payable on the first Monday in January of 1982. All assessments shall bear interest at the rate of nine (9).percent per annum. All assessments and interest thereon shall be collected and paid over in the same manner as other ',municipal taxes. Passed by the city council of the City of Richfield this 11th. day of May, 1981. ', ATTEST: Syl 'a K. Bergh, City C