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1976-5583r25 P,]?.SQ]'.,1.iTTQN N0. 5583 RT:50LLITTON ATJOPTTadC ASSI;SS'~I;T'T ~:1 t;I'1'Y I'RO 3'„CT N0. 06 7 , ATZI?A TIO. £1, EAS7` OF LZ';.17AIaI; n.X~RI•ItTT: A,`.10 ARIAS 12A and Ii ICI: I't' R};"t)LVIsD by the City Council of the City of T'i_clit:ieJ.cl, Ilennenin County, 1•Sinnesota as olJ_ows 1 . That the city clr_rl: ha.s, ttTith t17e asst. stance of the city engineer, caJ.culated the proper amounts to be assessed for. the lc?7S 1'eY.manent Street Pro~;rar~, City Project ido. 667, Area lTo. 8 east of Tvndale Avenue and Areas 1?~. and ] ag.ai.nst every assessable lot, piece, or parcel of lance sneciall.y benefited thereby i_n accordance' with the prov7.sions of: the .law, and the Proposed assessment so made up was filed faith the city cl.erlc for more than IS days pr.i.o7- to the assess-- mc~nt hearing and u.as open L-o pu'a1.ic inspection during said periacl. 2. Tha±: notice has been duly pub..i.ishe.d and a pu?;Jic hearin.s~ heretofore duly held as required by law so that- this council could 1^eet and Mass upon the proposed assessment. 3. That an opportunity has been gig%en to all interested persons to present theix rbjections, if. any, to such pr.opasecl assessment or L-o ar~v item thereof at said public heari_n~;. 4. That the city counc3_J. has heretofore duly es tabl;Cshed City rroiect :lo. X67, Area ,~o. 8, east of LyndaJ_e Avenue and I+reas- 12A. and T3 and. after car.efuJJ.v cons.~derinF; aJ.J_ the facts, the bone`-its to each. J_ot, p:i.ece or parcel of J.ancl and a"ally a!Ivi.si_n8 itself. in the premises, has fotmd a.n.d determined and herc~h}r decl~.res that each and every lot, piece or parcel of. land i.nclucted in said prol.~osed assessment roll eras improved by reason. of the construction of said City Project 'i;o. 667, in Area A:o. 8, east of. 1.}*ndale Avenue and h.reas 1?_A ~<^nd P, end has been. and is specially benefited in the amount- set out in said }~r~^n; so-d assessment ;:oJ_:i_ oppos:i.te each such lot, piece or parcel of land. 5. The proposed total assessment in the amount of $608,786.12 is l~erel~v affix-,red, adc fed and confirmed and the sums fixed and named i.n sai.cl pr.oposecl assessment are affirmed, adopted anci eonfi.rmecl as the proper sneei_aJ. assessment for eacl- of. said J_ots,- pieces, or parcels o.f J_and respectivel~r, and said amount so .>c.t' out is hereby l.evi.ed anai_nst each of the respective Jots, p:i.eces, or. parcels of land therein described. 6. Said assessment is hereby a.ff'irnied, adontecl, conf~t.rmed and shall. he certi i.ed by the ci.L-y clerk and f.a.led i_n 1~i.s office, and shall. thereupon. he. aT7d constittii:e the specj.al assessment for said City Prp-lect No. 667, i.n Area ado. 8, east of Lyndal.e Avenue and Areas 1?A and 13, Pox7nanent Str.E?et I'rop.r.am. 7. The assessment ~ai.th accrui.n~ :t.nter.est, shaJ.:?. he alien u~~on the I;ropc~rty i.nc~it.ulcd therein, concurrent cai.th ~ene.rnJ. taxes, anc'. shall. be paval;J_e i.n eq~~a.l annual installments extencli.nl; over a period of 70 years. The first ir.,.stal.Iment shall be payable on the fi_x-st ?'oncl,<~v in Ja:tuor}T of 1977. AJ.J. ~l a:;c_,~ti•.i'ii1:s si.7a1.J, bear interest at the x-at.e of 8% per annum. To the fi.r.st Resolution No. 5583 ' installment shall Ue added interest on the entire assessment from the date of this reso~.ution unt9_I P.ecember 31, 1.977, to each subsenuent -lnstal.7..ment shall be: added interest for one year on a1.1 unpaid j.nstalJ.ments . AZ]. assessments and interest tl;ereon shaJ_1 be collected and raid over in tb.e same manner as other municipa]_ taxes. Passed t~y~ the City Council of the City o£ Rich; field thi , 13th day of ,; % ~eptcmber, 19?~. ~ µ /~ -~i r-~~~t ~~,- / ) r- ry 6 .~ ,~ y ~ ' ` -~°` Lo~i~en L . Law `" , *`avor n~~rsT ,~_,,, , ~.~ : _ - ~_ile,, as J , Tlo un City Clerlc 1 1