HomeMy WebLinkAboutCity Council Resolution 1980-690CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a __ _Dspecial meeting of
the City Council of the City of Plymouth,nM nesota was held on tFe
22nd day of September , 19 0 . The following members were
present:
The following members were absent, Counci member Hoyt .
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Councilmember Davenport introduced the following Resolution and moved its
adoption.
RESOLUTION NO. 80 - 690
ADOPTING ASSESSMENTS
PROJECT 707 - SEVEN PONDS 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:
County Road 24 from 32nd Avenue northeasterly approximately 1040 feet and
from 32nd Avenue approximately 1250 feet, 32nd Avenue from County Road 24
to a point 188.52 f101-10west of the centerline of Fountain Lane and Holly
Lane southwesterly from 32nd Avenue by the installation of sanitary sewer
laterals and trunk 'acilities, watermain laterals and trunk facilites,
storm sewer and 7 -to.- bituminous streets 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:
as amended,
1. Such proposed assessment,/a copy of which is attached hereto and made a part
hereof, is hereby accepted and shalt 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 15 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 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 arty 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.
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Resolution #80-690
Page 2
4. The Clerk shall forthwith transmit a certified duplicate of this assessment
to the County Finance Director to be extended onthe proper tax lists of the County
and such assessments shall be collectea and pail over in the same manner as other
municipal taxes.
5. The total cost of the improvement assessed by this Resolution is:
Water Lateral $ 65,062.44
Sanitary Sewer 106,275.05
Street 121,616.60
Sewer Area 17,172.00
Water Area 32,139.00
$342,265.09
6. The total cost to be financed by the City is:
Water Trunk Fund $3,518.89