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HomeMy WebLinkAboutCity Council Resolution 1981-841introduced the following Resolution and moved its adoption: RESOLUTION NO. 81 - 841 ADOPTING ASSESSMENTS PROJECT 003 DUNKIRK LANE STREET IMPROVEMENTS 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: Dunkirk Lane from a point 2200 feet south of County Road 47 to a point 610 feet north of the Soo Line Railroad by the installation of gravel street with storm drainage and all necessary appur- tenances; '. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. Such proposed assessment as amended, 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 1983, and shall bear interest at the rate of 10.54 percent per annum from the date wf the adnntion of this assessment resolution. To the first installment shall be added erest on the entire assessment from the date of this resolution until December 31, 1983. To each subsequent installment when due shall be added interest for one year on all unpaid install- ments. 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 uirector, 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.