HomeMy WebLinkAboutCity Council Resolution 1985-645CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a SDeCial meeting of the City
Council cf the City of Plymouth, Minnesota was held on the 26th day of
August , 1985. The following members were present: Mayor Davenport
Councilmemhers Crain. Schneider and Vacilinu The following members were
absent: — Councilmemher Neils
Councilmemher Crain introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85-645
ADOPTING ASSESSMENTS - Project No. 558
SANITARY SEWER AND WATERMAIN AREA - PARKSIDE AT MEDICINE LAKE ADDITION
WHEREAS, in conformance with the development contract, we have received a
waiver of assessment hearing from the property owner of Parkside at Medicine
Lake Addition waiving their right to special assessment hearings covering the
installation of sanitary sewer and water trunk facilities 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 whin 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
A before the first Monday in January 1986, and shall bear interest at the
rate of 9.36% per annum from the date of adoption of this assessment reso-
lution. To the first installment shall rye added interest on the entire
assessment from the date of this Resolution unti*1 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 exte,,ded on the proper tax lists of
the County and such assessments shall be zollected and paid over in the
SA me manner as other municipal taxes.
5. The total cost of the improvement assessed by this resolution is
$212,055.00.
The motion for the adoption of tie foregoing Resolution was duly seconded by
1 _Counciln.Pmhpr Vacilinu . and upon vote being taken thereon, the
following voted in favor thereof: Mayor Davenport. Councilmembers Crain_
Schneider and Vasilinu
me roaiowing voted against or abstained: none
as rethe Re�aolution was declared*hly passed and adopted.
itt*