1976-5569r
RESOLL'TIOTJ N0. 5569
RESOLUTIOi°I 11llOPTING ASSESS"IE:dT O,I CITY PF.nJ);CT ::0. G67, AREA PIQ. 9
3i); IT RI:SOLVLD by the City Council of the City of Richfield, Itennepin County,
1•iinnesota as foll.ocas:
1. That the city cl.crk has, with the assistznce of. the city en~*incer, cFlcu-
3.ated the proper anounts to be assess4d for the 1°75 ?'ermancnt Street Pr. n r.am, City
Project Jo. 667, Area Igo. 9, against every assessable lot, piece, or Parcel. of
land specially l>enefited thereby i.n accordance with the rrovisi.~ns of la%~, and
the proposed assessment so made up was filed c~~i.th t}ie city cler?~ .for more than 15
days priox to t}:e assessment hearing and Was open to Public 3nsnection during
said period. .
2. That notice has been duly published <nd a public irearin~ heretofore duly
held as reruired by lava so that this council could meet and Pass upon the rroposed
assessment .
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3. That an orpor.tunity has been liven to all. interested Persons to present
tlieix objectians, if: any, to such nroPosed assessment or to any item thereof at
said public hearin; .
4. That the city council has fier.etoLore duly estahlishec} City Project i`'o. ~~t~7,
Area i.o. 9, and after carefully consi.derins~ all t}~e facts, the henef~.ts to each
lot, piece or parcel of land and fully advi.sin~ itself ir, the rremi.ses, haG found
and cletexriiucd and hereby declares that each ar,d every lot, Piece or narc.el. o{ lani
included in said proposed assessment roll c•:as improved by reason of the construction
of said City Project Teo. 6b7, in ~xea ido. 9, and has been and i.s specially henefitecl
in the ariour.t set out in said Proposed assessment ro11 opposi tt e<~ch such lc~t, niece
or parcel. of land.
S.' T}~,e nroPosed total. assessment in the amc+unt of. $1,117,042.42 is lierehv
affi.r~,ned, adopted and confir:~ed ands the sums fixed nd named in said prc;nosrd asse~sr~c:r:r
are affirmed, adopted and confi.rr.:ed as the pro;~er special assess*:~ent for e.:ch of s~i~'
lots, pieces, or parcels of land. respectively, and said arount so set- out is here}~~~
levied against etch of the respective lots, nieces„ or parcels of l.ancl therein cle.sr_r;.},ec .
G. Said assessment is hereby aff.irr::ed, adopted, confirtred and shall be certifi.ec?
by the city cler}: and filed in hi.s office, and shall. thereupon he a,nd constitute t}~e
special assessr.~:ent for s~i.d City Project Tao. 667, in Area Tdo. 9, Perrianent Street ?'rn~r~m.
?. The assessment wi.t}l accruitii* interest, shall be a lien upon the rroperty
included therein, coricur.rent c~:ith general taxes, and shall. be p<~yahle in canal
annua]. i.nstall.n:ents extendi.nn over a period of. 20 years. The first instail.r~ent sha7?
be payable on the first '~fonduy in .Tanuary of. 1977. All. assessments s?za1.1 br~ar.-
interast at the rate of 8% rer annur.~. To the first installr:ent shall. he ac?decl i.nt~~rest
on i.he entire assessment from the date of this resolution until. neceml~er 31, 1977, to
each subsec;uert install.nu~.nt shall be added interest for one year on all..unpai.d
installments.
All as ses.~r.;ents and i.ntexcst thereon shall be collected and Paid-over. in the szr~e
•r~anner as ot}icr municipal taxes . ~;'
Passed by the council of: the City
ATTEST
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~'lioi~c~s J . T•iora City Clerk
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of: I?ichfi~7at~this 9th;d.~y,af August, 197G.
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j' I~o'eit ~I.r. I.aw ~, rtAyor