HomeMy WebLinkAboutCity Council Resolution 1980-480CITY OF PLYbOUIH
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Plymouth, Minnesota, was held t3i 28th day of
July , 1980 . The following members were present: mayor Hunt,
�Councilmembers Davenport, Hoyt and Schneider
were absent: councilmember Nees
a**
rgunrj1mPMher Hoyt introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 80 -480
ADOPTING ASSESSMENTS
PROJECT 917 - BALDWIN CHEVROLET STORM SEWER
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:
56th Avenue from a point 593.39 feet east of the centerline of Nathan
Lane to a point 1388.71 feet east of the centerline of Nathan Lane by
the installation of storm sewer and necessary appurtenances.
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 benefitted 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, 1981, and shall bear interest at the rate of 8.38% 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, 1981. To each subsequent installment yhen 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 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 No. 80-480
Page 2
5. The total cost of the improvement assessed by this Resolution is:
Storm Sewer $ 33, 971.95
6. The total cost to be financed by the City is: $ 0.00
iption of the foregoing Resolution was duly seconded by'