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HomeMy WebLinkAboutCity Council Resolution 1975-364CITY OF PLYMOUTH Pursuant to due call and notice thereof, a re__ lard�_ Me of the City Council of the City of Plymouth, Minnesota, was held on the 21st day.of July 1975 The following members were present: MayAr 1 e following members were absent: none. . �: trtr *ir,t Councilman Seibo d introduced the following. Resolution and moved Its p on: RESOLUTION NO. 751-1364 ADOPTION OF ASSESSMENT ROLL FOR FAIRFIELD ESTATES ADDITION WHEREAS, Lundgren Brothers, as developer of the Fairfield Estates Addition plat in. the City of Plymouth have executed a development contract in which they have agreed to accept water area assessments in the amount of $2,700.00, 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, 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 it. 2. Such assessment shall be payable 1nequal 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, 1976 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, 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 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 theCity Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 daysfrom 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 payment 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