1976-5555rr
• RESOLUTION N0. 5555
603 . .
RESOLUTION DECLARING COSTS TO BE'ASSESSID AND ORDERING •
t~REPARATION OF PROPOSED ASSESSMENT BOLL FOR C. •P. N0. 667
~JHEREAS, the _followi,ng construction was performed during the year 1975
Permanent Streets in the following areas.:
Street Improvement District No. 7.
That area bounded on the north by 78th Street, west by Pleasant
Avenue, south by 71+th Street and east by Portland Avenue.
Street Improvement District No. 9• '.
t That area bounded on the north by 66th Street, west by Penn Avenue,
south by 76th Street and east by 35W. - :•
Street Improvement District No. 8. (West of Lyndale Avenue}.
° That area bounded on the north by 70th Street, west by 35W and Wood
• Lake, south by 78th Street and east by Lyndale Avenue. ~,
Street Improvement District No. 8. (East of Lyndale Avenue).
~'hat•area bounded on the north by 70th Street, west by Lyndale Avenue,
south by 78th Street and east by Pleasant Avenue.
Street Improvement District No.~12A. -
That axes bounded on the north by 8th Street, west by Lyndale Avenue,
south by 70th Street and-east by Pleasant Avenue.
• Street Im rovement District No. 12B. •
That area bounded on the north by 6th Street, west by Lyndale Avenue,
south by 68th Street and east by Pleasant Avenue.
and
• WRER~AS, the city share of costs have been Maid in•the sum o~ $5~09Q,000.00.
NOW, TFIE'REFORE, BE IT RESOLVED by the city council of the City of•Richfield,
Minnesota as follows:
1. That the cost of•permanent street construction in the above described areas
. to be specially assessed is hereby declared to be at least 20~ of the total
• cost, or $5,090,000.00, 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 forthwit'~ 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 assessment in his office for public inspection.
a 604
.~
' ~+. Tie clerk shall notify the council upon completion. of such proposed
assessment.
Passed by the City Council of the City of Richfield this l~+th day of June,
•1976• .
. ~ ~ L en L. Law Mayor
" • ATTEST;
M.a.
...~~~ ~ .
Thous J'. T'I • an City Clerk .
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