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HomeMy WebLinkAboutCity Council Resolution 1975-363CITY OF 11 YMO JTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of. Plymouth Minnesota, was heeld on the 21st day of ,luly 101The following members -were present: j%y6r Hilde Councilmen Huns Seibold'n The- o ow ng members were a sentc none. Councilman Spaeth introduced the following Resolution and moved I ts adoption: RESOLUTION N0. 75-363 ADOPTION OF ASSESSMENT ROLL FOR SHILOH ADDITION WHEREAS, Lundgren Brothers, as deveioper of the Shiloh Addition plat in the City of Plymouth have executed a development contract in which they have agreed to accept water area assessments in the count of E 21,150.00, and WHEREAS, Lundgren Brothers has submitted a written waiver of assessment hearing with respect to these assessments: \ NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, ii 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 benefited by the proposed improvement in the amount of the assessmentlevier against it. 2. Such assessment sl+all be payable in equal annual installments extending over a period,of five ;5) years, the first of the installments to be payable on or before the fir;c Mondyy in January 1976 and shall bear interest at the rate of 0% per r.nnum from the date of the adoption of this assessmeet resolution. To the first installment shall be added interest on the entire assessment from the date of this resclution until December 1975. 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 tn;a 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 f assessment is paid within 30 days from the adoption of this resolution: and he may, at any time thereafter, pay to the County Finance Director the entire amount of the assessment remaining unpaid, with interest accrued to. December 31 of the year in which such paymeht is made. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the proper tax lists of the County, and such assessments shall be collected and paid over in the same manner as other municipal taxes. I.