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HomeMy WebLinkAboutCity Council Resolution 1980-481CITY OF PLYMOtTtfi Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on t e 28th day of July , 19 80. The following members were present7ayor Bunt, WunGilmembprs Davenport. Hoyt and,Schneider The following members were absent: Counci mem er Neils Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 80 - 481 ADOPTING ASSESSMENTS PROJECT 009 - HARBOR LANE 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: Harbor Lane west of Fernbrook Lane by the installation of sanitary sewer and all 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 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 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. 80-481 Page 2 5. The total cost of the improvement assessed by this Resolution is: Sanitary Sewer Lateral $ 15,524.95 6. The total cost to be financed by the City is: $ 0.00