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HomeMy WebLinkAboutCity Council Resolution 1986-618CITY 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 Sisk introduced the following Resolution and moved its adoption: RESOLUTION NO. 86-618 RESPREADING OF DEFERRED ASSP,-CMENTS WHEREAS, in accordance with City Policy certain parcels of homestead land received deferred assessments until January 1, 1987; and WHEREAS, the deferral will expire on December 31, 1986; and WHEREAS, it is necessary for the City Council to determine the period of years over which the deferred assessment is to be paid. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA That the assessments listed below which were previously deferred be respread for the period of years indicated with interest to start on January 1, 1987: Number of P.I.D. No. Levy Years 11-118-22-42-0001 9717 5 Interest Rate Assessment 9.36% $22,927.42 FURTHER BE IT RESOLVED, that the first installment is payable on -)r before the first Monday in January, 1987. The motion for the adoption of the foregoing Resolutiou was duly seconded by Souncilmember Crain , 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 Resclution was declared duly passed and adopted.