1975-5378rRESOLUTION N0. 5378
RESOLUTION DECLARTNG.GOSTS TO BE ASSESSED AND, ORDERING
PREPARA.TTON OF PROPOSED ASSESSMENT ROLL FOR C. P. N0. 657
and
Permanent streets in the following areas;
Street Improvement District No. 6.
That area bounded on the north by 66th Street, west by. Pleasant
Avenue, south by 73rd Street and east by Portland Avenue.
Street Improvement District No. 13.
That area bounded on the north by 62nd Street, west by Pleasant
Avenue, south by 66th Street and east by 11th'Avenue.
WHEREAS, the following construction was performed during the year 1974
408'
WHEREAS, the city share of casts have been paid in the sum of $3,185,000.00
NOW, THEREFORE, BEiIT RESOLVED by the city council of the City of Richfield
as follows:
1975.
1. That the cost of permanent street construction in the above described
areas to be specially assessed is hereby declared to beat least 20%
of the total cost, ar $2,060,845.25, and therefore this sum will be
assessed against privately owned property benefited thereby,
2. That said assessment shall run for a period of 20 years and include
interest~at the rate of 8% per annum.
3. The 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 valuation, as
provided by law, and he shall file a copy of such proposed assess-
ment in his office for public inspection.
4. The clerk shall notify the .council upon completion of .such proposed
assessment.
Passed by the city council of the City of Richfield this 23rd day of June,
ATTEST:
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Thomas J. Mor, City C1er