1976-5572r14
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RESOLUTION iVO, 5572
RESOLUTION ADOPTING ASSESSMENT OiV
CITY PROJECT 1V O. 667 , AREA N O. 8 , WEST OF LYiVDALE AVElV UE
BE TT 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 the city engineer,
calculated the proper amounts to be assessed for the 1975 Permanent Street
Program, pity Project No. 667, Area No. 8 west of Lyndale Avenue, against
every assessable lot, piece, or parcel of land specially benefited thereby in
accordance with the provisions of the law, and the proposed assessment so
made up was filed with the city clerk for more than 15 days prior to the assess-
ment hearing and was open to public inspection during said period.
2. That notice has been duly published and a public hearing heretofore
duly held as required by law so that this council could meet and pass upon the
proposed assessment.
3. That an opportunity 3~as 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.
667, Area No. 8, west of Lyndale Avenue, and after carefully considering all the
facts, t'~e 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 incl~:{ded in said proposed assessment roll was improved
by reason of the construction of said City Project No. 667, irl Area No. 8, west
of Lyndale Avenue, 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 $681 , 436.74 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, pieces, 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 his office, and shall thereupon be and
constitute the special assessment for said City Project No. 667, in Area No. 8,
west of Lyndale Avenue, Permanent Street Program.
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7. The assessment with accruing interest, shall be a lien upon the
property included therein, concurrent with general taxes, and shall be payable
in equal annual installments extending over a period of 20 years. The first
installment shall be payable on the first Monday in Ja,~uary of 1977. A11
assessments shall bear interest at the rate of 8% per annum. To the first
installment shall be added interest on the entire assessment from the date
of this resolution until December 31, 1977, to each subsequent installment
shall be added interest for one year on all unpaid installments.
All assessments and interest thereon shall be collected and paid over in
the same manner as other municipal taxes.
Passed by the City Council of tiie City of Rich 1d this 23rd day of
August, 1976.
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Loren L. Law `y MAYOR
ATTEST:
Thomas J. an City Clerk
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