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HomeMy WebLinkAboutCity Council Resolution 1976-468MW 14W CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was of on the 23rd day of August 19 76 . The following members were present: My de. Councilmen Hunt, Neils and Spaeth The following members were absent: Councilman Seibold *firer ir+1k t*,t Councilman Hunt introduced the following Resolution and moved is adoption: RESOLUTION NO. 76-468 ADOPTING ASSESSMENT PROJECT NO. 515 COUNTY ROAD 9 WATER MAIN 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 the service road on the nCrth side of County Road 9 between Nathan Lane and County Road 18 by the installation of water main lateral, street restoration and all necessary appurtenances, 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 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, 1976. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owners 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 Auditor to beexlended.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 $22,664.00, The total cost assessed by this resolution ie $22,664.00. Resolution No. 76-468 • • 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 July passed and adopted.