HomeMy WebLinkAboutCity Council Resolution 1985-474CITY 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 1St day of
July , 1985. The following members were present: Deputy Mayor Schneider
ounce mem era Crain, Neils and Vasiliou The following members were
absent: Mayorvenpor
Councilmember Crain introduced the following Resolution and moved its
adoption_:
RESOLUTION NO. 85-474
ADOPTING ASSESSMENTS - Project No. 546
DEFERRED STREET AND UTILITIES - PROJECT 014
WHEREAS, in conformance with the development contract, we have received a
waiver of assessment hearing from the property owner of Tyrell First Addition
waiving their right to special assessment hearings covering the installation of
previously installed street and utilities 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 5 years, the first of the installments to be payable on or
before the first Monday in January 1986, and shall bear interest at the
rate of 9.36% per annum from January 1, 1986. To the first installment
shall be added interest on the entire assessment from January 1, 1986
until December 31, 1986. 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 Finance Director, except that no interest shall be charged if the
entire assessment 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. Such payment
must be made before November 15 or interest will be charged through
December 31 of the next succeeding year.
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
samemanner as other municipal taxes.
5. The total cost of the improvement assessed by this resolution is
$103,298.52.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Neils , and upon vote being taken thereon, the
following voted in favor thereof: Deputy Mayor Schneider, Councilmembers Crain,
Neils and Vasiliou
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.