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HomeMy WebLinkAboutCity Council Resolution 1978-625W CITY OF PLYMDUni Pursuant to due call and notice thereof, a r meeting of the City Council of the City of Plymouth, Minnesota, wasa on tie 2nd day of October , 19 7$ The following members were present: _% ayor Hunt- m ers The following members were sent: Nano RRR RRR Councilmember Spaeth introduced the following Resolution and moved its adopt -ion. RESOLUTION N0. 78- 625 ADOPTING ASSESSMENTS PROJECT 718 - TIMBER CREEK RRR WHEREAS, pursuant to proper notice duly given and requ_red by law, the Council has met and heard and passed upon all objections to the proposed assessment for the following improvement: Timber Creek Addition, by the installation of sanitary sewer, watermain, streets and concrete curb and gutter, and storm drainage facilities including the com- pletion of Pilgrim Lane (platted) as it abuts said property, 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 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 chared 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. w" w Resolution ! 78-625 Page 2 S. The cost of the improvement assessed by this Resolution is: Serer Lateral $ 38,784.00 Nater Lateral 24,648.00 Street 113,870.40 Stora Sever 13,s90.d0 Nater 5,610.00 $196,502.40 6. The total cost to be financed by the City is: None. i 0 The motion for the action of the foregoing Resolution was duly seconded by Councilmember Neils , and upon vote being, taken thereon th�},e following voted in favor reo : Mayor Hunt, Councilmembers Hoyt, Neils, Seibold and Spaeth ane following voted against or abstained: Whereupon the Resolution was declared duly pass a opt . RRR RRR RRR