10-10426rRESOLUTION NO. 10426
RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL
FOR THE CONCRETE PAVING OF ALLEYS IN THE CITY OF RICHFIELD
WHEREAS, a contract was let for the improvement of unpaved alleys in the City of
Richfield, which are shown in the attached Exhibit A; and whereas the total cost incurred of
the improvement was $200,133.47.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield,
Minnesota:
1. The portion of the estimated cost of the improvement to be paid by the city is hereby
declared to be $100,066.74. and the portion of the cost to be assessed against
benefited property owners is declared to be $100,066.73. If the final cost exceeds the
estimated cost, the City shall pay the excess of the final cost over the estimated cost.
2. Assessments shall be payable in equal annual installments extending over a period of 20
years, the first of the installments to be payable on or before the firstMonday in January,
2011, and shall bear interest at the rate of 5% percent per annum from the date of the
adoption of the assessment resolution.
3. The City Clerk, with the assistance of 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 shall file a copy of such proposed assessment in her
office for public inspection.
4. The Cit Clerk shall, upon the completion of such proposed assessment, notify the City
Council thereof.
5. A hearing shall be held on the 26th day of October, 2010, in the Council Chambers of
the City Hall at 7:00 p.m. or as soon thereafter as the matter can be reached on the
agenda to pass upon such proposed assessment and at such time and place all
ppersons owning property affected by such improvement will be given an opportunity to
be heard in reference to such assessment.
6. The City Clerk is hereby directed to cause a notice of the hearing on the proposed
assessment to be published once in the official newspaper at least two weeks prior to
the hearing, and she shall state in the notice the total cost of the improvement. The
City Clerk shall also cause mailed notice to be given to the owner of each parcel
described m the assessment roll not less than two weeks prior to the hearing.
7. The owner of any property so assessed may, at any time prior to certification of the
assessment to the county auditor, pay the whole of the assessment on such property,
with interest accrued to the date of payment, to the city finance director, except that no
interest shall be charged if the entire assessment is paid within 30 days from the
adoption of the assessment. An owner may at any time thereafter, pay to the city finance
director the entire amount of the assessment remaining unpaid, with interest accrued to
December 31 of the year in which such payment is made. Such payment must be made
before November 15 or interest will be charged through December 31 of the succeeding
year.
Adopted by the City Council of the City of Ri hfield, M nnesota t1~-28th day of
September, 2010. ~, ~~ ;; ~ ~~ `>
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ATTEST:
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