HomeMy WebLinkAboutCity Council Resolution 1980-6971
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CITY OF PLYMOUTH
want to due call and notice thereof, a ssecial meeting of
City Council of the City of Plymouth, M a ota was held on tfie
d
day of September , 19 80 . The following members were
ent: Mayor HUnt. Cnunri]mPmhPrr navPnp^"+, Na;i� and 5chnoidor
following members were absent: ounCimPm P'r Nnvt
Councilmember Neils introduced the following Resolution and moved its
adoption.
RESOLUTION NO. 80 -697
ADOPTING ASSESSMENTS
PROJECT 813 - OAKVIEW 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:
Oakview Lane from T.H. 55 north to its terminous, on the north side of
T.H. 55 from Oakview Lane west approximately 1,100 feet, on an easement
from Oakview Lane west tc Industrial Park Boulevard by the installation
of watermain, storm sewer and bituminous street restoration and all
necessary appurtenances
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL Ui 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 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 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 intr.-rest for one year on all unpaid installments.
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 cost of the improvement assessed by this Resolution is:
Water lateral
Water Area
Storm Sewer
Street
6. The total cost to be financed by the City is:
Water Trunk Funs'
Storm Sewer U}krovement Tax District 1
$ 68,774.03
31,388.00
6,709.79
37,812.51
$144,684.33
$48,,397.60
6,712.65
$55,110.25