HomeMy WebLinkAboutCity Council Resolution 1976-466W
CITY OF PLYt;OUTH
Put :Jbnt to due call and notice thereof, a - special meeting of the City
Council of the City of Plywouth, Hinneso_a,s- as hei owe 3rd __ day of
August , 19]fa_ . The folio -,ring m„errbers were presen�:,,_
Mav Councilman Hunter Nails and Spaeth
The fo owing r,errbers vrere absent: councilman Seibold
Councilman Spaeth introduced the following Resolution and moved
is aJoption.
RESOLUTION NO. 76-466
ADOPTING ASSESSMENT
PROJECT NO. 501 FERNBROOK LANE
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 Fernbrook Lane between T.H. 55 and approximately 1,000 feet north
(north line of Lot 1, Block 2, Fox Meadows First Addition) by the construction of
a 9 ton bituminous street with concrete curb and gutter, drainage structures and
all necessary appu,tenances,
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 ten 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 adoption of this assessment resolution. To the first installment shall
be added interest on the entire assessment from the date of this resoltLtion until
December 31, 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.
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 is $86,014.00. The total amount assessed by this
resolution is $78,960.00. The total to be financed by the City from MSA account is
$7,054.00.
0 •
Resolution No. 76-466
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 voted
in favor thereof: Mayor Hilde, Councilmen Hunt, Neils and Spaeth
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.