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1971-4623r~. _.. ~~ ~.~ RESOLUTION No. 4623 RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR CITY PROTECT N0. 614. WHEREAS, the following construction was performed during the years 1970 drirl 1971: Street and alley.oiling improvement program in various parts of the city as described in Resolution No. 4355 - "Ordering Improvement and Preparation of Plans and Specifications for 1970 Annual Street Improvement and Oiling Program!'; and WHEREAS, the city's share of costs have been paid in the sum of $164.,986.87; NOW,. THEREFORE, BE IT RESOLVED by the city council of the City of Richfield as follows: 1. That the cost of the street and alley oiling and. maintenance in the above described area to be specially assessed is hereby declared to be at least 20%.of total cost,. or $ and therefore this sum will be as-sessed against privately owned property benefited thereby. 2. That said assessment shall run for a period of three years and include interest at the rate of 8% per annum. 1971. 3. 'I.'he 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 valuatip~n, as provided by law, and he shall file a.copy of such proposed assessment in his office fore-.gubli~•• inspection. 4. Tfie clerk shall notify the council upon completion of such propc~sed~=assess- ment. Passed by the City Council of the City of Richfield this 23rd day of August, Stanley W. Olson Mayor ATTEST: _Thomas J. an. ::...City Clerk