HomeMy WebLinkAboutCity Council Resolution 1980-726CITY OF PLYMOUTH
Pursuant to due call and notice thereof, aspecial meeting of the City
Council of the City of Plymouth, Minnesota, washeT od n tTie 29th day of
September , 1980 . The following members were present:
The folTowing members were absent: Mayor Hunt
t�
Councilmember Hoyt introduced the following Resolution and moved
Its adoption:
RESOLUTION NO. 80- 726
ADOPTING ASSESSMENTS
PROJECT 801 - VICKSBURG LANE NORTH OF COUNTY ROAD 9
EXCEPT AMHURST ADDITION
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:
Vicksburg Lane from County Road 9 to County Road 47 by the installation
of bituminous street also water literal and water area assessment p,�r
prior agreement for 118-22-17-11-0004 and all necessary appurtenances.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY Or PLYMOUTH,
MINNESOTA:
as amended
1. Such proposed assessment,/a copy of which is attached hereto and made a patt
hereof, is hereby accepted and shall constitute the special assessment alCinst
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 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, 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.
Resolution N 80-726
Page 2
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 assess-
ment 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 assess-
ment is paid within 30 days from the 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. Tht total cost of the improvement assessed by this Resolution is:
Water Lateral $ 1,774.00
Street 319,654.02
Water Area 475.00
Total Cost: $321,903.02
6. The total cost to be financed by the City is:
MSA
$629,668.90
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilme rr Ngilc , and upon votp, being taken thereon, the
following voted in TMr ereo : Acting Mavnr nagpnnnlat Cn:jnri iwGMkO,r•G
Hoyt. Neils and Schneider
Me following voted a$g st or a sta N_
Whereupon the Resolution was declared Oulu masse a Ont
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