HomeMy WebLinkAboutCity Council Resolution 2019-198
C ITY OF P LYMOUTH
R ESOLUTION N O. 2019-198
R ESOLUTION A DOPTING A SSESSMENTS FOR THE
2019 M ILL AND O VERLAY P ROJECT (ST199004)
Whereas, pursuant to proper notice duly given as required by law, the Council has met and heard and
th
passed upon all objections to the proposed assessment for the improvement of the streets south of 36 Ave,
th
east of and including East Medicine Lake Blvd, west of State Highway 169, and north of 13 Ave, excluding South
thththththth
Shore Dr., 17 Ave, 24 Ave, Kilmer Lane between 24 Ave and 28 Ave, Pilgrim Lane between 26 Ave and 28
thththth
Ave, Nathan Lane between 26 Ave and 28 Ave, Lancaster Lane immediately south of 28 Ave, 27 Ave
th
adjacent to Kilmer Lane, 28 Ave between Pilgrim Lane and 275 feet east of Kilmer Lane, East Medicine Lake
thththnd
Blvd from 700 north of 30 Ave to 250 feet south of 30 Ave, 30 Ave east of East Medicine Lake Blvd, 32 Ave
nd
from East Medicine Lake Blvd to 200 feet east of Saratoga Lane, Saratoga Lane 200 feet north of 32 Ave, and
thth
Wellington Lane and 35 Place south of 36 Ave. The streets west of Peony Lane, north of Old Rockford Road,
thth
east of Vagabond Lane, south of and including 48 Ave, 39 Place west of County Road 101, Zircon Lane south
thth
of County Road 6, 12 Ave east of Ferndale Lane, Ranchview Lane between 9 Ave and the City border with
Minnetonka, Quantico Lane south of Gleason Lake Drive, Orchid Lane immediately north and south of Gleason
nd
Lake Drive, Xenium Lane between Rockford Road and Northwest Blvd, and 42 Place and Magnolia Place west
th
of Magnolia Lane. Also included are the streets immediately north of and including 18 Ave between West
Medicine Lake Drive and State Highway 55 with the exception of Forestview Lane and Oakview Lane by mill and
overlay of bituminous pavement, replacement of concrete curb and gutter, water repairs, sewer repairs, and all
necessary appurtenances.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA:
1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is accepted
and shall constitute the special assessment against the lands named therein, and each tract of land
therein included is found to be benefited by the proposed improvement in the amount of the
assessment levied against it.
2. Such assessments between $0 and $5,000 shall be payable in equal annual installments extending
over a period of 5 years, the first of the installments to be payable on or before the first Monday in
January, 2020, and shall bear the interest rate of 3.33% per annum for a 5 year assessment period.
Therefore, the first installment shall be added interest on the entire assessment from November 1,
2019 until December 31, 2020. To each subsequent installment when due shall be added interest for
one year on all unpaid installments.
3. Such assessments between $5,001 and $10,000 shall be payable in equal annual installments
extending over a period of 10 years, the first of the installments to be payable on or before the first
Monday in January, 2020, and shall bear the interest rate of 3.70% per annum for a 10 year
assessment period. Therefore, the first installment shall be added interest on the entire assessment
from November 1, 2019 until December 31, 2020. To each subsequent installment when due shall
be added interest for one year on all unpaid installments.
4. Such assessments over $10,000 shall be payable in equal annual installments extending over a
period of 15 years, the first of the installments to be payable on or before the first Monday in
January, 2020, and shall bear the interest rate of 4.08% per annum for a 15 year assessment period.
Therefore, the first installment shall be added interest on the entire assessment from November 1,
2019 until December 31, 2020. To each subsequent installment when due shall be added interest for
one year on all unpaid installments.
5. The owner of any property so assessed may, at any time prior to certification of the assessment to
Hennepin County, pay the whole of the assessment on such property with interest accrued to the
date of payment to the City of Plymouth Finance Department, except that no interest shall be
charged if the entire assessment was paid by October 31, 2019 and the property owner may at any
time thereafter, pay the City of Plymouth Finance Department the entire amount of the assessment
remaining unpaid, with interest accrued to December 31 of the year in which such payment is made.
Such payment must be made by November 15 or interest will be charged through December 31 of
the next succeeding year. The owner of any property so assessed may also, until October 31, 2019,
make a partial payment of a least $100 to the City of Plymouth Finance Department. The remaining
unpaid balance will be certified as the new assessment amount. The owner may also at any time
prior to November 15, of any year, pay the remaining unpaid principal balance with interest accrued
to November 15 of the year in which such prepayment is made.
6. The Clerk shall forthwith transmit a certified duplicate of this assessment to Hennepin County to be
extended on the property tax lists of the County. Such assessments shall be collected and paid over
in the same manner as other municipal taxes.
7. The total cost of the improvement assessed by this resolution is $1,070,643.29.
APPROVED by the City Council on this 25th day of June, 2019.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies
that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on June 25, 2019
with the original thereof on file in my office, and the same is a correct transcription thereof.
WITNESS my hand officially as such City Clerk and the Corporate seal of the City this ___________day of
__________________, __________.
____________________________________
City Clerk