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1973-5106rYy~ t^' RESOLi.TTION No, 5106 RESOLUTION ADOP'TINC ASSESSMENT ON GIT'~' PROJECT No. 655 BE IT RESOI,VE~3 by the City Council of the City of Richfield, Hennepin County, Minnesota, as followsa 1. 'That the city clerk has, with the assistance of the city engineer, calculated the proper amounts to be assessed for t'he street improvement and oiling. program, City Project Noe 655, against every assessable lot, piece, or parcel of land specially benefited thereby in accordance with the provisions of law, and th.e proposed assessment so made up was filed with the city clerk for more than 15 days prior to t'he assessment hearing and was open to public inspection during said periodo 2. That notice has been duly published and a public hearing heretofore duly held as required by law so that this vouncil could meet and pass upon the proposed assessor ment. 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 said public hearing. 40 That the city council has heretofore duly established City Project No, 655 and 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 aan said proposed assessment roll was improved by reason of the construction of said City Project No. 655 and 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 $19,234.39 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 describedo 6. Said. assessment is hereby affirned,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 street improvement and oiling program, City Project No, 6550 7. The assessment with accruing interest, shall be a lien upon the property inm eluded therein, concurrent with general taxes, and shall be payable in equal annual installments extending over a period of 3 yearso T'he first installment shall be payable on the first Monday in January of 1974 All assessments she'll bear interest at the rate of 8% per annum, To the first installment shall be added interest on the entire assessor ment from the date of this resolution u~.til 7~ecember 31, 1974, to each subsequent installw ment shall be added interest for dne year on all unpaid installmentso All assessments and interest thereon shall be collected a.nd paid over in the same manner as other municipal taxes, Passed by the council of the City of Richfield his ~ day of Septembers 19730 _ ., ~ ~ c_.. _ - ~f ~' Attest o ~,,~_-__._~ ~~~' `' -'` u ~ ~ ~, ~,~-- ~ ; - {~-~'l,or n L, 'Law ,~~ Mayor 'Thomas J, M9fan City .Clerk