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HomeMy WebLinkAboutCity Council Resolution 1974-480CITY OF PLYi•iOUTk Pursuant to due call ar.d notice thereof, a_ regular meeting of the City Council of thu City of Plymouth, Minnesota, r:as he on t e 7th day of nrtah r 19 77 The follaaing r_iembers Frere present: tng Mayor _ ��t y�cilmen Neils and Seibold The following riarrbers rare absent: � councl I man Spaeth and M"or h 11 de— Couhci1 $ ie hnld ` introduced the following Resolution and moved a its option RESOLUTION NO. 74-480 ADOPTING ASSESSMENT NORTH'JJESTAppTT IS�''1 RER 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 the Northeast Sanitary Sewer Area, Project 69-1D. by the installation of sanitary sewer and other necessary appurtenances, and has amended such proposed assessment as it deems Just, NOW, THEREFORE, BE IT HEREBY 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 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 1t. 2. Such assessment shalt be payable in equal annual installments extending over a, period of 20 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 t 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 i this resolution until December -31. 1974. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. 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 assessment 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 is thereafter, pay to the County Treasurer the entire amount of the assessment remaining unpaid with interest accrued..to December 31 of the year in which such;. payment is made. i' 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`r County and such assessments shall be collected and paid over in the same manner as other municipal taxes. t. The motion for the adoption of the foregoing resolution was duly seconded by Councilman Neils, and upon vote being taken thereon, the following voted in favor thereof: Acting Mayor Hunt, Councilmen Neils and Seibold. The following voted against or abstained: none. Whereupon the resolution was duly declared passed and adopted. t,rt � �► ,tr#*