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HomeMy WebLinkAboutCity Council Resolution 1983-375CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 18th day of July , 19$3. The following members were present: Ma or Daven ort, Counct members` Moen, Neils,and Schneider The following members were absent ounct mem er retnen Councilmember Moen introduced the following Resolution and moved its adoption: RESOLUTION NO. 83- 375 ADOPTING ASSESSMENT STOBBE DEVELOPMENT PROJECT - 7 UNIT APARTMENT BUILDING SANITARY SEWER AREA AND WATERMAIN AREA - PR07ECT NO. 326 WHEREAS, in conformance with the development contract we have received a waiver of assessment hearing from the property owner of Parcel 35-118-22-11-0031 waiv- ing their right to special assessment hearinqs covering the installation of water trunk facilities, sanitary sewer trunk facilities and all other appurte- nances; 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 herein included is hereby bound 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 extendinq over a period of 5 years, the first of the installments to be payable on or before the first Monday in January 1984 and shall bear interest at the rate of 10.33% per annum from the date of adoption of this assessment resolu- tion. To the first installment shall. be added interest on the entire assessment from the date of this resolution until December 31, 1984. To each subsequent installment when due shall be added interest of 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; and he may, 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. 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 tool cost of the improvement assessed by this resolution is $5,430.00. The motion for the adoption of the foregoinq Resolution was duly seconded by Councilmember Neils , and upon vote being taken thereon, the following vote n favor the :Mayor Davenport, Councilmembers Moen, Neils and Schneider the following voted against or abstafne-d: none Whereupon the Resolution was declared duly passed ana a op e .