HomeMy WebLinkAboutCity Council Resolution 1979-667CITY OF PLYM7llIH
Pursuant to due call and notice thereof, a i coat Meeting of the City
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Council of the City of Plymouth, Minnesota, as held an 9th day of
October , 19_7j. The following members were present: Ivor Hunt.
Councilmembers Davenport and Hoyt
The following members were absent: Councilmembers Neils and SQaeth
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introduced the following Rasolutim mad muved
Its tion:
RESOLUTION NO. 79- 667
ADOPTING.ASSESSMENTS
PROJECT 811 - LOST LAKE AREA
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: Revere Lane from CSAH 9 to 39th Ave.; Trenton Lane from 150
feet north of 41st Ave. to 40th Ave., Saratoga Circle north of 40th Ave.; 41st Ave.
from Revere Lane to Trenton Lane; 40th Ave, from Revere Lane to Ximsines Lane; and
Ximines Lane from 40th Ave. to approximately 350 feet north by the installation of
watermain laterals and trunk facilities, bituminous street with concrete curb and
gutter, and all necessary appurtenances;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF Pt H,
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 again't
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 8% per
annum from the date of the adoption of this assessment resolution. To the first
installment shall be added interest on the entire assess man t 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 assessmient
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 meal► 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 rhich 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 saw amwer as other
municipal taxes.
Resolution 1 79-667
Page 2
ID5. The total cost of the improvement assessed by this Resolution is:
Water Area $ 22,818.00
Water Lateral 101,185.00
Street 279,168.00
$ 403,171.00
6. The total cost to be financed by the City is:
Park Dedication Fund - Trails $ 1,173.00
The motion for the adoption of the foregoing Resolution was duly seceded
bY-Councilmember Hovt , and upon vote being taken thereon, the
following wted awr Hereof: Mayor Hunt, Councilmembers Davenport
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was deciared duly passe'�a ac
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