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HomeMy WebLinkAboutCity Council Resolution 1976-365W qW CITY OF PLYMOUTH Pursuant to due call and notice thereof, a soec_�� meeting of the City Council of the City of Plymouth, Minnesota, was held on tie 12th day of .i„ix , 19_Zjk_. The follow�inggmmembers were present: Yfi Npils—Spihe w m ers were a sent: Ecco mae an un Councilman Seibold introduced the following Resolution and moved s adoption: RESOLUTION NO. 76- 365 ADOPTION OF ASSESSMENT ROLL FOR FAZENDIN PARK STH ADDITION WHEREAS, Roger Fazendin, as developer of the Fazendin Park 5th Addition in the City of Plymouth has executed a development contract in which he has agreed to accept water area assessments in the amount of $250.00 per lot, 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 in equal annual installments extending over a period of five years, the first of the installments to be payable on or before the first Monday in January, 1977 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, 1976. 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 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. 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. 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: ayor Hilde, Councilmen Neils, Seibold and Spaeth The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.