HomeMy WebLinkAboutCity Council Resolution 1977-489r
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CITY OF PLYMOM
Pursuant to due call and notice thereof, a s ecial meeting of the
Council of the City of Plymouth, Minnesota, was held cn t 12th day
September , 19=. The following members were present:
City
of
Councilman Hunt introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 77- 489
ADOPTING ASSESSMENT
CIMARRON PONDS 2ND ADDITION
WHEREAS, the Centurion Company, as developers of the Cimarron Ponds 2nd Addition
in the City of Plymouth, Minnesota have executed a development contract in which
they have agreed to accept sanitary sewer and water area assessments in the
amount of $52,750.00.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA:
1. Such proposed assessments, a copy of which is attached hereto and made a
part hereof, is hereby accepted and shall constitute the special assessments
against 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, 1978 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, 1977. To each subsequent
installment, when due, shall be added interest for one year on all unpai(I
installments.
The owner of any property so assessed may, at any time prior to the certifi-
cation 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 Auditor to be extended on the proper tax lists of the County
and such assessments shall be collected and paid over in the same mannner
as other municipal taxes.
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Resolution #77-489
Page 2
5. The amount of the assessment levied by this resolution is $52,750.00
(sewer $20,250.00, water $32,500.00).
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilman Neils , and upon vote being taken thereon the
following voted favor t ereo : Mayor Hilde, Councilmen Hunt, Nei)s,
Seibold and Spaeth
owing voted against or abstained:
Whereupon the Resolution was declared duly passed We adopted. -'
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