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HomeMy WebLinkAboutCity Council Resolution 1986-610CITY OF PLYMOUTH Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota was held on the 29th day of September , 1986. The following members were present: Mayor Schneider. Councilmembers Crain, Sisk. Vasiliou, and Zitur The following members were absent: none Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION NO. 86-610 REDUCTION OF SPECIAL ASSESSMENTS LEVY NO. 9713 WHEREAS, pursuant to adoption of Resolution No. 85-388 special assessments were levied by the City Council for Project No. 404, Sunrise/Skyline Hills Street and Utility Improvements; and WHEREAS, pursuant to negotiations between the City Attorney and the property owner on an appeal of the special assessment, an agreement has been reached for the following parcel; and WHEREAS, the City of Plymouth has agreed to modify the assessment roll and the property owner is withdrawing their special assessment appeal; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA 1. That the assessments be reduced in the following amount as they apply to each parcel here listed: Original Sec. MM. Rng. (a Suffix Amount 12 118 22 32 0001 $14,958.90 Reduction $7,984.00 Revised Assessment $6,974.90 2. That the revised assessments shall be spread over the remainder of years and at the interest rate applicable to Levy No. 9713 with the first installment payable on or before the first Monday in January 1987. 3. That the City is to reimburse to the affected property owner the difference between the new and old amount of assessment for all prior year installments plus interest at the rate of 9.36% per year that have been paid. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Sisk _ , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Crain, Sisk, Vasiliou, and Zitur The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.