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HomeMy WebLinkAboutCity Council Resolution 1979-666CPiY OF PLYMMMI Pursuant to due call and notice thereof, aial meeting of the City Council of the City of Plymouth, Minnesota, was held on EW 9th day of Octn6er , 19_a. 'llhe following umbers were present: avor unt. H t ine owing members were t: Councilmembers Neils and Snaeth AA• AAA Councilmember Davenport introduced the following Resolution and moved its tion: RESOLUTION NO. 79-666 ADOPTING.ASSESSMENTS PRNIECT 810 - ZACHARY LANE WATERMAIN AAA 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: Zachary Lane Trunk Watermain from 53rd Avenue south to approximately 1600' north of County Road 9; 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, 1980 and shall bear interest at the rate of 84' 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, 1980. 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 charged 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 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. Resolution i 79-666 Page 2 5. The total cost of the improvement assessed by this Resolution is: Water Area $ 3,240.00 Water Lateral 5,334.00 $ 8,574.00 6. The total cost to be financed by the city is,. Water Trunk Fund $ 167,444.00 fie 20tic lmf" eche &c tion of the foregoing Resolution I" duly sec ded and upon vote being taken thumm the ITM7M voted f . Mavnr Flnnt rZinr7 mamharc n;ovonn rt