HomeMy WebLinkAboutCity Council Resolution 1980-742CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regWl4r meeting of the City
Council of the City of Plymouth, Minnesota, was held on the 6th day of
Ortnhar , 1980 . The following members were present•
it, Councilmembers
ng members were a
enport, Hoyt, Neils and Schneider
cnilpcilmemb_er Dave ^ort introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 80-742
ADOPTING ASSESSMENTS
PROJECT 611 - 807 - 853 - 911
DOWNTOWN PLYMOUTH AREA AND VICKSBURG LANE FROM STATE HIGHWAY 55 TO
OLD COUNTY ROAD 9 - PLYMOUTH HILLS 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 State Highway No. 55 to Old County Road 9, Old County
Road 9 from Vicksburg Lane to ins intersection with New County Road 9, New
County Road 9 from Vicksburg Lane to Old County Road 9, Plymouth Boulevard
from New County Road 9 to State Highway No. 55, 37th Avenue from Vicksburg
Lane east to its terminus, 36th Avenue from Vicksburg Lane to Plymouth
Boulevard, 35th Avenue from Plymouth Boulevard west to its terminus, 34th
Avenue from 35th Avenue to Plymouth Boulevard, 34th Avenue from Plymouth
Boulevard northeasterly to its terminus, 32nd Avenue from Plymouth Boule-
vard to Cavanaugh's 4th Addition, sanitary sewer trunk line from 34th
Avenue north to Fernbrook Lane by the installation of watermain laterals
and trunk facilities, sanitary sewer laterals and trunk facilities, bitumi-
nous street with concrete curb and gutter, storm sewer, pedestrian underpass
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 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 shall 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 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.
J
Resolution N 80_742
Page 2
3. The owner of any property so assessed „gay, 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. The total cost of the improvement assessed by this Resolution is:
Water Lateral $ 507,792.69
Sanitary Sewer 224,711.25
Storm Sewer 599,721.72
Street 2,527,535.95
Water Area 267,211.25
Sanitary Sewer Area 58,113.00
Total Cost $4,185,085.86
Less Developer Down Payment 515,514.00
Balance Assessed $3,669,571.86
6. The total cost to be financed by the City is:
MSA $125,402.50
Park Funds 3,094.00
Sanitary Sewer Trunk Fund 65,201.52
Mle notion for the adoption of the foregoing Resolution was duly seconded
by Councilmember Hoyt , and upon vote being taken thereon, the
fol 10vi1ng vot ato aver ereo : Mavor Hunt. C uncilmainbers DaVP nr
,� HoyrL_Nei s SL�neider "np•
—�'
Whereupon
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St or abstained*. _ None .
was declared duly passed and &–cVgted.
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