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1973-5056rR~S~hN`fI~N No. 5056 RESCLL"~I~N AD®P1'IN~ ASSESSM~N`I ®N CITY PRCJ~C t No. 631 BE I'f I2~S®I,V.ED by the City Crauncil of the City of Richfieb.d, i~ennep!n County,. Minnesc~~ta, as follows ; 1. 'xhat the city clerk. has, with the assistance of the city en.gip.eer, calculated the proper amounts to be assessed for the construction of storm sewer, City Project No. 631, 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 city clerk for more than 15 days prior to the assessment hearing and was open to public inspection during said period. ', 2. 'u'h'hat 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 assess rnent. 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 sa~,d public hearing. 4. `t'hat the city council has heretaf®re duly established C~.ty Project No. 631, and after carefully considering all the fasts, the benefits to eac?~ lot, piece or parcel of land and fu11y advising itself in the premises, has found and determined and hereby declares that each end every lot, piece, or parcel of land included in said proposed assessment roll was i*nproved by reason of the construction of said City Project No. 631, and has been and is specially benefited in the amount set out in said proposed assessment ro11 opposite each such lot, piece or parcel of land. 5. I'hie proposed total assessment in the am®unt of $61,753.93 is hereby affirmed, ac~o~ted and confirmed and the sums fined 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 respective lots, pieces,. or parcels of land therein described. 6. Said assessment is hereby affirmed, adopted, confirmed and shall be certified by the city clerk, and filed in his office, and shall thereupon be and constitute the special assessment for sa5?d storm sewer construction, City Project No. 531. 7. 'f'he assessment with accruing interest, shall be a lien upon the property in= chided therein, concurrent with general taffies, and shall be payable in equal annual installments extending ever a period of 20 years. `1"he first i~as?~allment shall be pay= able on the first Monday in January of 1974. All assessments shall bear interest at the rate of 8°1a per annum. ~o the first installment shall be added intere~"f' ran the entire assessment from the date of this resolution unt•al December 31, 1974, to each subsequent installment shall be aided interest for one year on all unpaid installments. All assess~rLents and int~:rest thereon shall be collected and paid over in the same manner as other municipal tames. Passed by the co~:ncil ®f the City of Richfie~id this nth d.ay of August9 1973. ~ L ren L. Law - M~.yor ~."i`aomas J. Moraa City Clerk