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HomeMy WebLinkAboutCity Council Resolution 1975-550CITY 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 the 29th day of September 1975 The following members were present: ng memoers were Councilman Spaeth introduced the following Resolution and moved its adoption: RESOLUTION NO. 75-550 ADOPTING ASSESSMENT PROJECT NO. 307 RADISSON INN SITE 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 T.H. 55 Frontage Road (Radisson Inn Frontage Road) between Annapolis Lane and Xenium Lane and 24th Avenue North between Zinnia Lane and•Xenium Lane by the construction of sanitary sewer, water main, storm sewer, nine ton streets with concrete curb and gutter and all 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 benefited 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 15 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 31, 1975. To each subsequent installment when due shall be added interest for one year on all unpaid installmnets. 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 Finance Director, 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 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 Finance Director 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. 5. The total cost of the improvement assessed by this resolution is $183,957.59. 0 RESOLUTION NO. 75-550 Page 2 The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Hunt 'and upon vote being taken thereon, the following vote n favor thereof: Mayor Hilde, Councilmen Hunt, Neils and S aeth e 0 lowing voted aga nit or abstained: none Whereupon the Resolution was declared duly passed and adopted.