HomeMy WebLinkAboutCity Council Resolution 2020-155
C ITY OF P LYMOUTH
R ESOLUTION N O. 2020-155
R ESOLUTION R EVISING P REVIOUSLY A PPROVED R ESOLUTIONS FOR THE 2020 S TREET
R ECONSTRUCTION P ROJECT (ST209001)
WHEREAS, certain previously approved resolutions for the 2020 Street Reconstruction Project need to be
revised to change the date of the public improvement and assessment hearing as well as defer special assessments; and
WHEREAS, on April 28, 2020 the City Council granted a one year deferral of special assessments for those
projects where assessment hearings are held after April 28, 2020 and before December 31, 2020, whereby first
installment shall be the first Monday in January 2022, and no interest shall accrue in the deferral period from the date of
assessment hearing until November 1, 2021; and
WHEREAS, Resolution 2020-115 declared May 12, 2020 as the date of the public improvement hearing for the
project; and
WHEREAS, the second action of Resolution 2020-116 ordered advertisement for bids for the project; and
WHEREAS, the second action of Resolution 2020-117 set the terms and interest rates of the assessment with the
first installment being payable on or before the first Monday in January, 2021; and
WHEREAS, the first action of Resolution 2020-118 declared May 12, 2020 as the date of the assessment hearing
for the project.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA:
1. Resolution 2020-115 shall be revised to declare that a public hearing shall be held on such proposed
improvement on the 26th day of May, 2020, in the Council Chambers of the Plymouth City Center at 3400
Plymouth Boulevard at 7:00 p.m., and the Clerk shall give mailed and published notice of such hearing and
improvements as required by law.
2. The second action of Resolution 2020-116 shall be revised to declare that the City Clerk shall prepare and cause
to be inserted in the official paper and on Quest CDN an advertisement for bids upon the making of such
improvement under such approved plans and specifications. The advertisement shall be published two times,
shall specify the work to be done, shall state that bids will be received online by QuestCDN until 10:00 a.m. on
April 16, 2020 at which time they will be publicly displayed in the City Council Chambers of the Plymouth City
Center building at 3400 Plymouth Boulevard, Plymouth, Minnesota, by the City Engineer and City Clerk, will then
be tabulated, and will be considered by the council at 7:00 p.m. on May 26, 2020, in the Council Chambers. Any
bidder whose responsibility is questioned during consideration of the bid will be given an opportunity to address
the Council on the issue of responsibility. No bids will be considered unless sealed and filed with the City Clerk
and accompanied by a cash deposit, cashier's check, bid bond or certified check payable to the City Clerk for five
percent of the amount of such bid.
3. The second action of Resolution 2020-117 shall be revised to declare that assessments shall be payable in equal
annual installments extending over a period of either 5 years, 10 years, or 15 years with the first of the
installments to be payable on or before the first Monday in January, 2022, and shall bear the interest rate of
3.67% percent for a 5 year term, 3.00% for a 10 year term, or 3.23% for a 15 year term per annum from
November 1, 2021.
4. The first action of Resolution 2020-118 shall be revised to declare that A hearing shall be held on the 26th day of
May, 2020, in the City Council Chambers of the Plymouth City Center, 3400 Plymouth Boulevard, Plymouth,
Minnesota at 7:00 p.m. to pass upon such proposed assessment and at such time and place all persons owning
property affected by such improvement will be given an opportunity to be heard with reference to such
assessment.
APPROVED by the City Council on this 12th day of May, 2020.