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HomeMy WebLinkAboutCity Council Resolution 1977-743CITY OF PLYMOUTH Pursuant to due call and notice thereof, a �gmeeting of the City Council of the City of Plymouth, Minnesota, o the 19th day of . tuber 19 77. The following members were present: vor Hii e,-Counc limen Hunt, Neils and Seibold RAA were absent: rminrilm:n gpapfh RRA Councilman Hunt introduced the following Resolution and moved is adoption: RESOLUTION NO. 77-743 ADOPTING ASSESSMENT SEVEN PONDS EAST (A-232) FORMER PLAT 43720 - PARCEL 5350 PROJECT NO. 823 RRR WHEREAS, in accordance with the Development Contract for Seven Ponds East (A-232), we have received a waiver of assessment hearing from the property owner of*Plat 43720 - Parcel 5350 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 assess- ment 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 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. *Former Resolution # 77-743 Page 2 5. The total cost of the improvement assessed by this resolution is $7,250.00 The motion for the adoption of the foregoing Resolution was duly seconded by rnnnrilWa and upon vote being taken thereon, the following voted in a o ereo : Mayor Hilde, Councilmen Hunt, Neils The gllow2mg voted against or abstained: Whereupon the Resolution was declared duly passed and adopted.