HomeMy WebLinkAboutCity Council Resolution 2005-228CITY OF PLYMOUTH
RESOLUTION NO. 2005-228
ADOPTING ASSESSMENTS
2005 STREET RECONSTRUCTION
ASSESSMENTS FROM $5,001-$10,000
CITY PROJECT NO. 5101
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 improvements of th
2005 Street Reconstruction, Ranchview West Area located from Ranchview Lane to Vicksburg
Lane and from 2" a Avenue to 9th Avenue, excluding the properties at 15510 2" a Avenue, 15505
and 15510 -1 Avenue, 15505 and 15510 6th Avenue, 15505 7th Avenue and 505 and 510 Upland
Lane, by the reconstruction of streets, concrete curb and gutter and storm sewer installation and
repair, 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 10
years, the first of the installments to be payable on or before the first Monday in January,
2006, and shall bear interest at the rate of 6.5% per annum for a 10 year assessment period
from the date of 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,
2006. 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 the County Auditor, pay the whole of the assessment on such property with
interest accrued to the date of payment to the City Treasurer, except that no interest shall be
charged if the entire assessment was paid within 30 days from the adoption of the resolution.
The owner of any property so assessed may also, within 30 days from the adoption of
the resolution, make a partial prepayment of at least $100 to the City Treasurer. 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 December 31 of the year in which such
prepayment is made.
4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County
Finance Director to be extended on the property 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 $636,438.78.
Resolution No. 2005-228
Page 2
Adopted by the City Council on June 14, 2005.
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 June 14, 2005, 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