HomeMy WebLinkAboutCity Council Resolution 1980-698CITY OF PLYUOM
Pamant to due call and notice thereof, a sqeqipl meeting of the City
Council of the City of Plymouth, Minnesota, was f0ld on trio 22nd day of
Septater 19 80 . The following members were present: Mayor Hunt.
Councilmember Neils introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 80 -698
ADOPTING ASSESSMENTS
PROJECT 905 - FERNBROOK LANE IMPROVEMENT -
HIGHWAY 55 TO COUNTY ROAD 6
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:
Fernbrook Larva from CSAR 6 to T.H. 55, the extension of Cheshire Lane
southerly to 25th Avenue and improvement to an urban cross-section of
the existing Cheshire Lane south of T.H. 55 by the installation of a 9 -
ton bituminous street with concrete curb and gutter and including full
grading, gravel base, bituminous surface, all necessary drainage facilities,
sanitary sewer, watermain and all appurtenances.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA:
as amended,
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 10 years. the first of the installments to be payable on or before
the first Monday in January. 1981, *nd 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 a;W 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 whl such
payment; is made.
Pl?tion 80-698
s
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:
Watermain
$ 58,141.32
Streets
650,328.49
Water Area
31,435.50
$739,905.31
6. The
total cost to be financed by the City is:
#
Water Trunk Fund
$30,129.65
MSA
63,287.04
$93,416.69