78-5932R43
RESOLUTION N0. 5932
RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL FOR C. P. N0. 686
WHEREAS, the following construction was performed during the year 1977:
Permanent Streets in the following areas:
Street Improvement District No. 12
Bounded on the north by .the 62nd Crosstown, east by west Pleasant
Avenue north of 66th Street and south of 66th Street by Lyndale
Avenue South, on the-south by 66th Street from west Pleasant Avenue
to Lyndale Avenue South and Woodlake west of Lake Shore Drive and
Lyndale Avenue South, and on the west by I-35W. The streets in this.
area not included in this project are 66th Street .from I-35W to west
Pleasant Avenue, 65th Street from Rae Drive to west Pleasant Avenue,
Rae :Drive from 65th Street to 66th Street, Graham'Avenue:.from-65th
Street to Lyndale Avenue South, Circle Place from Graham Avenue to
Lyndale Avenue South, Lyndale Avenue South from the 62nd Street
Crosstown to Lake Shore Drive and Grand Avenue South from 65th Street
to 66th Street.
Street Improvement District No. 14A
Bounded on the north by East 68th Street, on the east by 21st Avenue
South, on the south by East 69th Street and on the west by State
Highway No. 36. This area also included the East Service Road, State
Highway No. 36 from East 68th Street to East 66th Street.
and,
WHEREAS, the City share of costs has been paid in the sum of $1,050,000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield,
Minnesota, as follows:
1. That the cost of. permanent street construction in the above described
areas to be specially assessed is hereby declared to be at least 20%
of the total cost, and is presently estimated to be approximately
$463,784, and therefore this sum will be assessed against privately
owned 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 improvement against every assessable lot, piece or
parcel of land 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.
'_:esolution No. 5932 ~, -2-
4. The Clerk shall notifyi~the council upon completion of such proposed
assessment.
Passed by the City Council of the City of Richfield, Minnesota this
i0th day of July, 1978.
C~~,~
Lo en L. Law Ma r
ATTEST:
~ ~'. ~, ~~
Thomas J. Oran City Clerk