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HomeMy WebLinkAboutCity Council Resolution 1982-274CITY Of PLYMOUTH Councilmember Schneider Introduced the following Resolution and moved its adoption: RESOLUTION NO. 82-274 ADOPTING ASSESSMENTS PROJECT NO. 228 WH"REAS, the City received a Waiver of Assessment Hearing from John B. Daily and Marily M. Daily, owners of that part of Lot 1, Block 10, Elmhurst, according to the reorded plat thereof, Hennepin County, Minnesota, lying south of a line drawn from a point on the west line of said Lot 1 distant 80.00 feet north of the southwest corner of said Lot 1 to a point on the east line of said Lot 1 distant 111.66 feet north of the southeast corner of said Lot 1 as measured along the easterly line of said Lot 1 for Installation of sanitary sewer lateral and sanitary sewer trunk facilities: ' 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 accept El 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 beforethefirst Monday in January, 1983, and shall bear interest at the rate of 10.54% 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, 1983. 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 certifica- tion of the assessment to the County Finance Director, 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 is paid within thirty days from the adoption of this resolution; andhemay, at any time thereafter, pay to the City Finance Director the entire amount of the assessment remaining unpaid with interest accrued to �, December 31 of the year in which the payment is made.