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1955-940r~~ 5 RESOLUTION N0.940 Y ~_<,~ ' RESOLUTIOIU ADOPTIPdG ASSESSA~IENT ON ~'" ~ VILLAGE PROJECT TdO. 273 BE TT RESOLVED BY THE VILLAGE COUNCIL of the Village of Richfield, Hennepin County Minnesota, as follows 1. That the Village Clerk has, with the assistance of the Village Engineer, calculated the proper amounts to be assessed for the construction of Village Project Noy 273 consisting of storm sewer, 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 Clark for more than 15 days prior to the assessment hearing and was open to public inspection at all Mmes during said period. 2. That notice has been duly published and a public h®aring heretofore duJ.y 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 Village Council has heretof ore duly established Village Project No. 2~3,: ar~d 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,. 273 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 assessment is hereby affirmed,. adopted and confirmed, 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 respectively, and said amount so set out is hereby levied against each of the respec- tive lots, pieces, or parcels of land therein described. 6. Said assessment so affirmed, adopted and confirmed shall t~ certified by the Village Clerk and filed in his office, and shall thereupon be and constitute the special assessment for said storm sewer, Village Project No. 273. 7. The assessment with accruing interest, shall be 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. A11 assessments shall bear interest at the rate of 6~ 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. A11 assessments and interest thereon shall be collected and paid-over in the same ~.nner as the other municipal taxes.