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HomeMy WebLinkAboutCity Council Resolution 1978-623CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota, was held on the 2nd day of October , 19 78. The following members were present: Mayor Hunt, —7—ounclimemberS Hoyt, Neils, Seibold and Spaeth were RRR RRR Councilmember Seibold introduced the following Resolution and moved its adoption: RESOLUTION N0. 78- 623 ADOPTING ASSESSMENTS PROJECT 713 - JONQUIL LANE RRR WHEREASE, 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: Jonquil Lane from 26th Avenue North to West Medicine Lake Road by the construction of bituminous surface, sanitary sewer and watermain and all necessary appurtenances, NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: I. 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, 1979. 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 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 shared 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 assured 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. The motion for the adoption of the foregoing Resolution was duly seconded by _L9 i mbar Neils and upon vote being taken thereon, the following vot inn avor tiereo�: Mayor Hunt, Councilmembers Hoyt, Neils e owing voted against or abstained: None Whereupon the Resolution was declared duly passe& and adopted. AAR 1kR4 1tRA Resolution # 78-623 Page 2 S. The total cost of the improvement assessed by this Resolution is; Street $ 6,433.00 Sewer Lateral 3,232.00 Water Lateral 2,054.00 Sewer Area 600.00 $ 12,319.00 6. The total cost to be financed:.by the City is: Water Trunk Fund $ 6,751.00 Sewer Trunk Fund $ 5,254.00 $ 24,324.00 The motion for the adoption of the foregoing Resolution was duly seconded by _L9 i mbar Neils and upon vote being taken thereon, the following vot inn avor tiereo�: Mayor Hunt, Councilmembers Hoyt, Neils e owing voted against or abstained: None Whereupon the Resolution was declared duly passe& and adopted. AAR 1kR4 1tRA