HomeMy WebLinkAboutCity Council Resolution 1976-467W W
CITY 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 23rd day of
August , 1976 . The following members were present:
Havo�y�e�Councilmen Hstnt, Neils and Spaeth
The following mem ers were a sent: Councilman Seibold
Councilman Hunt introduced the following Resolution and moved
is adoption: - RESOLUTION NO. 76-467
ADOPTING ASSESSMENT
PROJECT NO. 503 NATHAN LANE STREET IMPROVEMENT
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 improve-
ment of Nathan Lane between County Road 9 and 49th Avenue by the construction of 9
ton bituminous street, concrete curb and gutter with related storm sewer construction
between County Road 9 and 45th Avenue and revisions to the Frontage Road at County
Road 9; and gravel base construction between 45th Avenue and 49th Avenue,
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNC;L OF THE CITY OF PLYMOUTH, MINNESOT
1. Such proposed assessment, a copy of which is attached hereto and made a part hereof,
is hereby accepted and shall r:nstitute 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 extendinq over a
period of ten years, the first of the installments to be payable on or aefore
the first ,onday in January, 1977 and shall bear interest at the rate of 8% per
annum -from the date of the adoption of thi: assessment resolution. To the first
installment shall be added interest on the entire assessment from the date of this
resolution until December 31, 1976. To each subsequent installment when due shell
be added interest for one year on all unpaid <qstallments.
The owner of any property so assessed may, a., 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 assess,nent is paid within
30 days from the adoption of this resolution; a.d he may, at any time thereafter,
pay to the County Finance Director the entire amount of the a-s4ssment remaining
unpaid with interest accrued to December 31 of the year in wh-,cn 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 $ 255,004.07. The
total cost of the improvement is $255,004.07.
Resolution No. 76-467
Page 2
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: Mayor Hilde, Councilmen Hunt, Neils and Spaeth.
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.