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HomeMy WebLinkAboutCity Council Resolution 2020-268City of Plymouth Resolution No. 2020-268 Resolution Approving Re-Certification of Properties WHEREAS, on June 12, 2018 the City Council adopted Resolution No. 2018-220 adopting assessment for the Troy Lane Reconstruction Project; and WHEREAS, the assessment was erroneously paid as part of a larger assessment payment and subsequently refunded to the payer for parcels 06-118-22-21-0009, 06-118-22-31-0008, and 06-118-22-24-0002; and WHEREAS, the City of Plymouth continues to desire to collect the assessments for the Troy Lane Reconstruction Project; and WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and hears and passed upon all objections to the proposed re-certification for the Troy Lane Reconstruction Project. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the Finance Manager is authorized to deliver the re-certification of these properties to the Auditor of Hennepin County for collection in the same manner as other municipal taxes are collected and payment thereof enforced with an interest rate of 3.00% per annum in equal annual installments over a 10 year term for assessments between $5,001 and $10,000 or with an interest rate of 3.23% per annum in equal annual installments over a term of 15 years for assessments over $10,000. APPROVED by the City Council on this 22nd day of September, 2020. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on September 22, 2020 with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this ___________day of __________________, __________. ____________________________________ City Clerk