HomeMy WebLinkAboutCity Council Resolution 1977-554LJ
CYT`.' OF PLYMOUTH
W
Pursuant to due call and notice thereof, aire _ullar meeting of the City
Council of the City of Plymouth, Minnesota,w- as held on the 3rd day of
October , 19 77 . The following members were present:
Magor Hilde, Councilmen Hunt, Neils, Seibold and Spaeth
ng memoers were
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Councilman Neils introduced the following Resolution and moved
s adoption:
RESOLUTION NO. 77-554
ADOPTING ASSESSMENT
PROJECT NO. 612 LARCH LANr. 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 improvement
of Larch Lane from 45th Avenui to the Soo Line Railroad Tracks by the construction of
7 ton design interim section with grading and gravel base, storm sewer 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.
Such assessment shall be payable in equal annual installments extending over a
period of 10 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 31, 1977. 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, 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 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 shell 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 bia collected and paid over in the same manner as other
municipal taxes.
5. The total cosi: of the improvement assessed by this resolution is $182,015.45.
Resolution Y 554
Page 2
6. The total cost to be financed by the City if $86,417.55 from the M.S.A. fund.
The mot3nn for the adoption of the foregoing Resolution was duly seconded
by and upon vote being taken thereon, the
fol owing vot in voor ereo Mgyor Hilde,, Councilmen Hunt, Neils,
-me -"m owing voted-alpinst or aos�ained:
Whereupon the Resolution was declared duly pass a t .
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