1971-4606r`~ ~~
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RESOLUTION NO. 4606
RESOLUTION DECLARING COSTS TO BE ASSESSED AND
ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL
FOR CITY PROJECT N0.597
WHEREAS, the following construction was performed during the year 1970:
Storm sewer construction on West 73rd Street, Oliver Avenue to U. S. Interstate
Highway No. 35W `
WHEREAS, city share of costs have been paid in the sum of $39 , 058.00
NOW THEREFORE, BE IT RESOLVED by the city council of the City of Richfield as
follows:
1. That the cost of storm sewer construction on the above described area to
be specially assessed is hereby declared to be at least 20 % of total cost or
$ 29,298.25 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 6% 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.
4. The clerk shall notify the council upon completion of such proposed
assessment.
Passed by the city council of the City of Richfield this 9th day of August, 1971.
Stanley W. Olson Mayor
ATTEST:
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Thomas J. Moran City Clerk