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1976-5566r6 RESOLUTION N0. 5566 P.ESOLL'TION CREATI:'1G THE SHADE TREE. DISEASE REVOL~~I'd(' F['NP AidD AL'TIiORIZINC LOANS F'RO'i THE PEP,~'ANENT I'`~PROZ'E'~'ENT REVOLVIN(' Fi1iJD WHEREAS, the incidents of Shade Tree Disease on private proner.ty within the city of Richfield i.s increasing, and C~~ilEREAS, the best method for the control of Shade Tree P,isease is swift treatment, removal and disposal of diseased trees, and WHEP.EAS, state and local law require such treatment, removal and disposal within specified time limits, and CvrIEREAS, necessary removal, disposal and treatment costs may constitute a hardship to Richfield residents making i.t impossible for them to take necessary abatement measures caithin such time limits. NOW, THEREFORE, BE IT RESOLVED by the City Council. of the City of Richfield, as follows: 1. That a Shade Tree Disease Devolving Fund he estahl.ished, to be held and administered by the finance director, separate and apart from all other funds for the purnose of the removal of diseased shade trees on private property. 2. That in cases of hardship or when. the legal time limit for diseased tree removal, disposal and treatment has expired, the city manager is hereby authorized to make advancements from the ?'err.~anent Improvement °evolvi.ng Fund to the Shade Tree Disease Fevolvinn rund for the payment of costs relating to necessary disease abatement activities. In each instance, such advancement is limited to the amount of the estimated cost of removal plus one rear's interest on the loan. The cumulative total advancements made under the nrov%sions of this resolution shall not exceed $5,000. 3. That all such monies so furnished shall be restored, with interest, to the Permanent Improvement Revolving Fund when and as sufficient monies are received in the Shade Tree Disease Tevolving Fund from repayments made by the owner of the improved property ir_ the form of loan payments, special assessment payments or, ~,~here applicable, state and local subsidies allowed for tree removal. 4. That the Shade Tree Disease Revolving Fund shall he maintained during such time as the city manager shall deem i.t necessary based upon the status of shade tree disease control efforts. Resolution No. 5566 ~ -~- Passed by the City Council of the City of Pichfi.eld this 26th day of July, 1976. ATTEST: ~.--Jam'-~~~, : ~ _ Thomas J. Mo n City ('1erk. ivo r