1971-4608rRESOLUTION NO. 4608
RESOLUTION DECL,~4RING COSTS TO' BE ASSESSED AND
ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR
CITY PROJECT NO. 598
WHEREAS, the following constn~.ction was performed during the year 1970:
Storm sewer construction on West 74th Street, Dupont Avenue to Fremont
Avenue; Fremont Avenue, West 74th Street to West 73rd Street; West 73rd
Street, Emerson Avenue to Humboldt Avenue
WHEREAS, city share of costs have been paid- in the. sum of $40, 699.76
NOW , THEREFORE , BE IT RESOLVED by the city council of the City of Richfield a s
follows : .
1. That the cost of storm sewer construction in the above described area to be
specially assessed is hereby declared to be at least 20% of total cost or
$24,748.94 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:
,~li .~
Thomas J. Mora ,City Clerk
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