1974-5227r230
RtSOLUT'TON NO. 5227
RESOLUTION ADOPTING ASSESSMENT ON CITY PROJECT NO. 650
t3E IT RESOLVED by the City Council of the City of Richfield, Hennepin County,
Minnesota as follows:
1. That the city clerk has, with the assistance of fiche city engineer, calculated
the proper amounts to be assessed for permanent street surfacing a?ad instalY.ation of
ornamental lights, City Project No. 650, against every assessable lot, piece, or parcel
of land specially benefited thereby in accordance with the provisions of l.aw, and the
proposed assessment so made up was filed with the city clerk for more than 15 days p~9.or
to the assessment hearing and was open to public inspection during said period.
2. That notice has been duly published and a public hearing 1°ieretofore duly h~`4.d
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
objections, if any, to such proposed assessment or to any item thereof at said public
hearing.
4. That the city council has heretofore duly established City Project No. 650
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 in said pro-
posed assessment roll was improved by reason of the construction of said City Project
No. 615, 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 $3,448,326.77 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, pisses, 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 tail office, and shall thereupon be and constitute the
special assessment for said City Project No. 650, permanent street surfacing and in-
stallation of ornamental lights,
7. The assessment with accruing interest, shall be a lien upon the property in-
cluded therein„ concurrent with general taxes, and sha1.1 be payable in equal annual
installments extending over a period of 20 years. Th.e first installment shall be pay-
able on the first Monday in January of 1975. All assessments shall bear interest at
the rate of 8% per annum. To the first installment shalt. be added interest on the
entire assessment from the date off, this resolution until :December 31, 1975, to each sub-
sequent installment shall be added interest for one year on all unpaid installments.
A11 assessments and interest thereon shall be collected and paid-over in the same
manner as other municipal taxes
Massed by the council of th~~ City of Richfield ~kai~ 20~-'day of August, 197,<~.
ATTESTa ~.~~~ ~bren L. ~L~aw ~ Ma~~<< :~
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Thomas J. Moran;' City Clerk