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HomeMy WebLinkAboutCity Council Resolution 1980-716.y.j CITY OF PLYMOUTH Pursuant to due call and notice thereof, a�s ec_ial meeting of the City Council of the City of Plymouth, Minnesota, was held ori the 29th day of —September . 1980 . The following members were present: n!or. venpor .Councilmemftrs Hoyt. Neils and Schneider I[Re TollowIng members were absent: ayor un Councilmember Hoyt introduced the following Resolution and moved its a p on: RESOLUTION NO. 80-716 ADOPTING ASSESSMENTS PROJECT 920 - TURTLE LAKE SANITARY SEWER TRUNK AND WATER .TRUNK 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: The west leg of the Turtle Lake trunk sewer to point "C", trunk watermain along Vicksburg Lane from County Road 9 to north line of Section 16 by the installation of watermain trunk facilities, sanitary sewer trunk facilities and all necessary appurtenances. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 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 benefited by the proposed improvement in the amount of the assess- ment levied against it. 2. Such assessment shah 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 beer interest at'the rate of 8,-38% per annum from the date of the adoption of this assesssent resoi.ution. To the first installment shall be added ioterest on rthLk entire 6ttessment.from the date of this Resolution until December 31, 1981. To "ch sub*agm'.' instal hent when due sha11 be added interest for one year on all unpaiek,iilstalhaents. Cion it 80-710 ` I 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 assess- ment on such property with interest accrued to the date of payment to the City Finance Director., "Cot that, no interest shall be charged if the entire assess- ment is paid within 30 daysfromthe adoption of this Resolution; and he may at any time thereafter 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. 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: Sanitary Sewer Area 26,700.00 Water Area42,275.00 Total $ 68,975.00 6. The total cost to be financed by the City is: Sanitary Sewer Trunk Fund 78,500.72 Mater Trunk Fund 20,634.77 99,135.49 r ter � adopted of ttLe �P� liuso>E+rtiaa� tats