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HomeMy WebLinkAboutCity Council Resolution 1985-757C1 OF PL OUTH Pursuant to due call and notice thereof, a Special meeting of the City Council of the City of Plymouth, Minnesota was held on the 23rd day of September , 1985. The following members were present: Dery Mayor Schneider, Councilmembers Crain. Neils and Vac_iliou The following members were absent: Mayor Davenport Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION N0. 85-757 ADOPTING ASSESSMENTS - PROJECT NO. 564 SWAN LAKE ADDITION DEFERRED STREET AND UTILITY ASSESSMENTS - PROJECT NO. 005 WHEREAS, in conformance with the development contract, we have received a waiver of assessment hearing from the property owner of Swan Lake waiving their right to special assessment hearings covering the installation of previously installed streets, sanitary sewer and water laterals and all other appurt- enances; 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 8% per annum from the date of adoption of this assessment reso- lution. To the first installment shall be added interest on the entire assessment from the date of this Resolution until December 31, 1986. To each subsequent installment when due shall be added interest for ene 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 Finan,- 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 same manner as other municipal taxes. 5. The total cost of the improvement assessed by this resolution is $58,668.11. The motion for the adoption of the foregoing Resolution was duly seconded by fnunri1mPmhPr Npilc , and upon vote being taken thereon, the following voted in favor thereof: ISP utjg j4aynr Srhnpidpr, rnllnrilmpmhPr¢ rrain� Upilc and Vacilipii The following voted against or abstained: nnne _ Whereupon the Resolution was declared duly passed and adopted.