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HomeMy WebLinkAboutCity Council Resolution 1980-604CITY OF PLYM Uni Pursuant to due call and notice thereof, as ecial meeting of the City Council of the City of Plymouth, Minnesota, was held on the 25th day of August , 19 80. The following members were present: Mayor Hunt, were **s CouqcilWember Hoytintroduced the following Resolution and moved its adoption: RESOLUTION NO. 80 - 604 ADOPTING ASSESSMENTS PROJECT 006 - EMPIRE LANE 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: Empire Lane from Harbor Lane north 1,130 feet by the installation of 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 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 8,387, 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. Resolution #80-604 Page 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. The total cos* of the improvement assessed by this Resolution is: Street $49,269.74 6. The total cost to be financed by the City is: $0.00 n The motion for the adoption of the foregoing Resolution was duly seconded by Q i e ber Davenport and upon vote being taken thereon, the following vot in avor ereo : Mayor Hunt, Counci members Davenport, 'der neow ng voted against or abstained: � one Whereupon the Resolution was declared duly pass9 aM adopted.