HomeMy WebLinkAboutCity Council Resolution 1978-621CI1Y OF PLY-kcm
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Plymouth, Minnesota, was held on t e 2nd day of
October , 19 78. The following members were present: Mayor Hunt_
nc mem ers ell
following me ers were sent: Nnng
esR
cage
CouncilUamber Spapth ;ntroduced the following Resolution and moved
its adoption: RLS0LUTION NO. 78- 621
ADOPTING ASSESSMENTS
PROJECT 704 - KRAEPZ HIGHVIEW ACRES 6711
*a*
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 assessments for the following
improvement:
Fountain Lane from 18th Avenue to the cul-de-sac approximately 625 feet north
thereof and from Dunkirk Lane to Fountain Lane at 19th Avenue by the installation
of sanitary sewer, watermain, bituminous street restoration and all necessary
appurtenances.
NOW THEREFCRE, 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 15 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 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, 1-979. 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, at any time prior to certificgtion 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 chareL if the entire assessment is paid
within 30 days from the adoption of this Resolution; and he may at any time there-
after, pay to the City Finance Director, the entire amount of the assessment
remaining unpaid,- with interest accured 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.
0 0
Resolution # 78-621
Page 2
S. The total cost of the improvement assessed by this Resolution is:
Sewer Lateral
$ 9,800.22
Water Lateral
8,157.78
Street
11,471.00
Water Area
1,800.00
Total
$ 31,229.00
6. The cost to be financed by the City is:
Sewer Trunk Fund
$ 14,377.31
Water Trunk Fund
25,407.69
Total
$ 39,785.00
The motion for the adoption of the foregoing Resolution was duly seconded
b7' and upon vote being taken thereon, the
fol owing vot
in r ereo Mayor Hunt. Councilmembers Hoyt, Neils,
4nd Spaeth
ane noliowing voted against or abstained: ne
Whereupon the Resolution was declared duly passe a t .
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