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HomeMy WebLinkAboutCity Council Resolution 1974-2110 0 CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on t e 22nd day of April 19 74 . The following members were present - Mayor Hilder ng mer:oers were Councilman Neils introduced the following Resolution and moved its adoption: RESOLUTION NO. 74-211 ADOPTING ASSESSMENT - PROJECT NO. 134 - COMMERCIAL -INDUSTRIAL PROPERTIES 6TH, 10TH AND COUNTY ROAD 18 WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and heard and passed upon all objections to the proposed assessment for the improvement of 6th Avenue North and 10th Avenue North from Nathan Lane to County Road 18 and County Road 18 from 6th Avenue to 10th Avenue by the installa- tion of sanitary sewer, water, streets and necessary appurtenances. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. Such proposed assessment, a revised copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefitted by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of ten years, the first of the installments to be payable on or before the first Monday in January, 1975 and shall bear interest at(:the rate of 8% per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 1974. To each subsequent installment when due shall be added interest for one year on all unpaid installments. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Finance Director, pay the whole of the assess- ment on such property with interest accrued to the date of payment to the City Treasurer except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafer, pay to the County Treasurer, the entire amount of the assessment remaining unpaid, with interest accrued to December 31, of the year I n which payment is made. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Finance Director to be extended on the proper tax lists of The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Seibold, and upon vote being taken thereon, the following voted in favor thereof: Councilmen Hunt, Neils and Seibold. The following voted against or abstained: Mayor Hilde. Whereupon the resolution was declared duly passed and adopted.