HomeMy WebLinkAboutCity Council Resolution 2021-240
CITY OF PLYMOUTH
R ESOLUTION N O. 2021-240
R ESOLUTION A DOPTING A SSESSMENTS FOR W ATER
AND S ANITARY S EWER FOR H OLLYDALE (2021047)
WHEREAS, the city has received a Waiver of Assessment Hearing from the property owner of
Hollydale waiving their right to special assessment hearings for trunk water and sanitary sewer and all
other 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 assessment 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, 2022, and shall bear interest at the rate of 1.72% per annum. To the first
installment shall be added interest on the entire assessment calculated from November
1, 2021 to December 31, 2022. 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 make an interest free principal prepayment
prior to certification of the assessment to the County Finance Director. Prepayments of
the assessment on such property must be received by October 31, 2021.
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 $471,804.48.
APPROVED by the City Council on this 24th day of August, 2021.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed Deputy City Manager of the City of Plymouth,
Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City
Council on August 24, 2021, with the original thereof on file in my office, and the same is a correct
transcription thereof.
WITNESS my hand officially as such Deputy City Manager and the Corporate seal of the City this
__________ day of _________________, ________.
_________________________________
Deputy City Manager