HomeMy WebLinkAboutCity Council Resolution 1977-741L
CITY OF PLIN3M
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Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was Tie-ld on t 19th day of
December , 19_7T_. The following ambers were present:
were
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Councilman Hunt introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 77-741
ADOPTING ASSESSMENT
MINNEAPOLIS INDUSTRIAL PARK 3RD ADDITION (A-199)
FORMER PLAT 43727 PARCELS 1210, 1430, 1500
PROJECT NO. 821
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WHEREAS, in accordance with the Development Contract for Minneapolis Industrial
Park 3rd Addition, we have received a waiver of assessment hearing from the
property owner of+Plat 43727 - Parcels 1210, 1430, 1500 waiving his right to
special assessment hearings covering the installation of watermain trunk, and
all other 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 5 years, the first of the installments to be payable on or before
the first Monday in January, 1979 and shall bear interest at the rate of 8%
per annum from the date of 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, 1979. To each subsequent install-
ment, when due, shall be added interest on one year on all unpaid installments.
3. The owner 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 Treagurer, 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 City 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 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.
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Resolution M 77-741
Page 2
5. The total cost of the improvement assessed by this resolution is $15,497.41
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilman Seibold, and upon vote being taken thereon, the
following votedin favor thereof: Mayor Hilde. CouncilmenHunt. Neils
and jeibold
The following voted against or abstained: one
Whereupon the Resolution was declared duly passe a t .
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