HomeMy WebLinkAboutCity Council Resolution 1978-634W W
CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a meeting of the City
Council of the City of Plymouth, Minnesota, ;Pftff on 2nd day of
October , 19__Z8 The following members were present: Magnr Hiint
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or
hold and Spapth
0 owing ers were Sent: Nnna
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Councilmember Neils introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 78- 634
ADOPTING ASSESSMENT
PROJECT NO. 605-001 COUNTY ROAD 6 AND FERNDALE ROAD WATERMAIN
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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 assessment for the
improvement of the City of Plymouth's Water Distribution Trunk System by construc-
tion of a 12" water trunk main on County Road 6 from Ranier Lane to the reservoir
site; and a 16" water trunk main on Ferndale Road south from the reservoir to
Ferndale Road, together with all necessary restoration and all necessary appurten-
ances,
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 19 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.
Resolution # 78-634
Page 2
S. The total cost of the improvement assessed by this Resolution is:
Water Laterals S 36,100.44
Water Area ................... $108,966.00
TOTAL: $145,096.44
6. The total cost to be financed by the City is:
Water Trunk Fund ............. $104,131.56
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilmember Spaeth , and upon vote being taken thereon the
fo1T ePUg voted intaavor therea.: Mayor Hunt, Councilmembers Hoyt. Neils,
and Soaeth
he� owing vo`�t against or abstained: Rane
Whereupon the Resolution was declared duly pass @W -adopted.