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HomeMy WebLinkAboutCity Council Resolution 1980-508CITY OF PLYAiOLmi Pursuart to due call and notice thereof, a_regular meeting of the City Council of the City of Plymouth, Mirmesota, was held an t 4th day of Auaust , 19_.po, The following members were present: Mayor Hunt, _QWnQilmeftrs Davenport, Hovir and Schneider were Councilmember Schneider introduced the following Resolution and moved is adoption: RESOLUTION NO. 80 -508 ADOPTING ASSESSMENTS PROJECT 922 - HIGHWAY 101 WATERMAIN 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: Highway 101 from the Luce Line Trail southerly to 1st Avenue by the installation of watermain and all necessary appurtenances. 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 benefitted by the proposed improvement in the amount of the assess- ment 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% 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 astessment 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. g. Resolution f 80-508 Pana 2 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. 5. 'Ihe total cost of the improvement assessed by this Resolution is: Water Lateral Water Area $10,923.85 24.766.50 $35,690.35 The motion for the adoption of the fosejo3u� ilesolutian Ms dul by e i member Hoyt and tvote bei Ulm dwrs= g �the li"""g YOti° m Favor � Mayor Hunt, Counci members Oavenpdrt, j nv+ and Schneider_ Won the ROSOlu ai y�..declared duly none ne