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1955-896rRESOLUTION N0. g96 RtsSOLIITION ADOPTING ASSESSi~,~,NT ON ' VILLAGE PROJECT N0. 194 if li I~ BE IT RESOLVED BY THE VILLAGE COUNCIL of the Village of Richfield, llennepin County,. Dliinnesota; as follows: 1. That the Village Clerlt has, with the assistance of .the Village Engineer calculated the proper amounts to be assessed for the construction~of Village Project No. 194, cons.istin~ of street grading, against every assessable lot, piece or parcel of land specially benefited thereby in accordance with the provisions of law, and the proposed assessment so made up was filed with the Village Clerk for-more than 15 days prior to the assessment hearing and was open to public inspection at all times 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 objection; if any; to such proposed assessment or to any item thereof at said publio hearing. 4. The assessment on each of the properties listed in said assessment roll shall be reduced to 20f of the total cost of the project. ~3I 5: That the Village Council has heretofore duly established Village Project No. 194~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 Village. Project No: 194 and has been and is specially benefited in the amount set out in said proposed assessment roll as amended opposite each ,such lot, piece; or parcel of land. 6: The proposed assessment as amended is hereby affirmed; adopted; and confirmed; and the sums fixed and named in s-aid proposed assessment as amended are affirmed, adopted and confirmed respectively, and said amount so set out is hereby Levied against each of the respective lots, pieces, or parcels of land therein described. ?. Said assessment as so amended is hereby affirmed, adopted, confirmed and shall be certif ied by the Village Clerk and filed in his office, and shall thereupon be and constitute the special assessment for said street grading, Village Project No. 194: 8. 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 1956. All assessments shall bear interest at the rate of 6I per annum. To the first installment shall be added interest on the entire assessment from the date of this Resolution until December 31, 1956. To each subsequent installment shall :be added interest for one year on all unpaid installments. All assessments and interest thereon shall be collected and paid-over in the same manner as other municipal taxes., Passed by the Council this 26th day of Septembe~1955: ATTEST e