HomeMy WebLinkAboutCity Council Resolution 2022-191
CITY OF PLYMOUTH
R ESOLUTION N O. 2022-191
R ESOLUTION A DOPTING A SSESSMENTS FOR W ATER
AND S ANITARY S EWER FOR V ICKSBURG R IDGE 2 ND A DDITION (2022-046)
WHEREAS, the City has received a Waiver of Assessment Hearing from the property owner of
Vicksburg Ridge 2nd Addition 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, consistent with the development contract for Vicksburg
Ridge 2nd Addition (2022-046), 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, 2023, and shall bear interest at the rate of 2.1% per annum for a 5 year
assessment period. Therefore, the first installment shall be added interest on the entire
assessment calculated from November 1, 2022 to December 31, 2023. 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 Hennepin County, pay the whole of the assessment on such property
with interest accrued to the date of payment to the City of Plymouth Finance
Department, except that no interest shall be charged if the entire assessment was paid
by October 31, 2022 and the property owner may at any time thereafter, pay the City
of Plymouth Finance Division the entire amount of the assessment remaining unpaid,
with interest accrued to December 31 of the year in which such payment is made. Such
payment must be made by November 15 or interest will be charged through December
31 of the next succeeding year. The owner of any property so assessed may also, until
October 31, 2022, make a partial payment of a least $100 to the City of Plymouth
Finance Division. The remaining unpaid balance will be certified as the new assessment
amount. The owner may also at any time prior to November 15, of any year, pay the
remaining unpaid principal balance with interest accrued to November 15 of the year in
which such prepayment is made.
4. The Clerk shall forthwith transmit a certified duplicate of this assessment to Hennepin
County to be extended on the proper tax lists of the County. Such assessments shall be
collected and paid over in the same manner as other municipal taxes.
Resolution 2022-191
(2022046)
Page 2
5. The total cost of the improvement assessed by this resolution is $30,681.57.
APPROVED by the City Council on this 26th day of July, 2022.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota,
certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on
July 26, 2022, with the original thereof on file in my office, and the same is a correct transcription
thereof.
WITNESS my hand officially as such City Clerk and the Corporate seal of the City this __________ day of
_________________, ________.
_________________________________
City Clerk