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1973-5057rRHS®Z~7`fl~N No. 5057 RE5®Li~~"lON A~~P~P:::;T ASSESSMENT ®N CT's PR.®JEC`P No. C32 BE ZT R;E8Q1,~P by the Ci:y ~,:f~~~~.cil of the City of Richfield, Hennepin County, Minnesota, as follows: 1. That the city clerk has, with the assistance of the city engineer, calculated the proper amounts to be assessed for the construction of storm sewer, City Project N.o. 632, 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. Tk~at notice has been duly published and a public hearing beret®fore duly 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 ~'bje~:,tions, if any, to such proposed assessment o-r to any item thereof at said public 'hearing, 4. That the city council has heretofore duly established City Project No. 632, ane?. 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 City Project No, 632, a.nd 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 total assessment in the amount of $18,550.04 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 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 said storm sewer construction, City Project No. 632. 7. The assessment with accruing interest, shall be a lien upon the property in~ eluded therein, concurrent with ~;ene:r~,l taxes, and shall be payable i~. equal annual installments extending ever a pe~i~.3 ®f 20 years. `1'he first installment shall be payable on the first Monday in danuary of 1974. All assessments shall bear interest at the rate of 8% per annumo To the first instG>1lment shall be ~~dd.c~di~interest on the entire assessment from the date of this resolut¶on until 1~ecember 31, 197, to each subsequent installment shall be added interest fe*r ©ne year on all ~.npaid install- ments. All assessments and interest thereon shall be collected and paid over in the same manner as other m~.nicipal taxes, Passed by the council of the City of Richfield thy~ j13th day of Argust, 1973. j /:, ', ~ / i ~ ~ p ~t Attest : r'--'~,©:~,en 1„ haw ~' ~ Mayor ~_ .- i - ,~ `-' ThornasJ, M©ran City Clerk