80-6260R~}
16
RESOLUTION NO. 6260
RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL FOR C.P. NO. 705
WHEREAS, the following construction has been performed
and will be performed during 1977 through 1981:
Permanent Streets in the following areas:
That area bounded on the north by 64th Street, on the east
by First Avenue, on the west by Emerson Avenue and on the.
south by 6.7th Street.
WHEREAS, the city share of costs has been or will be in
the sum of $9;480,818,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota as follows:
1. That the cost of improvements made as part of
project 705 be specially assessed in an amount of at
least 20% of the aforementioned total cost of
said project against property benefited thereby.
2. That said assessment shall run for a period of 20 years and
include interest at the rate of 8% per annum.
3. The city clerk shall forthwith calculate the proper amount
to be assessed for such improvements against every assessable
lot,-piece or parcel of land affected without regard to cash
valuation, as provided by la:v, and shall file a copy of such
proposed assessment in the office of city clerk for public
inspection.
4. The clerk shall notify the council upon completion of such
proposed assessment.
Passed by the City Council of the City of Richfield, tin esota
this 14th day of July, 1980. ~ ii~ ,
t
nand ,7 . Prie~~ L_ ___ i~iayor
ATTEST:
Syly ~ K. Bergh Acting - ty Clerk