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HomeMy WebLinkAboutCity Council Resolution 1987-291CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota w -s held on the 4th day of May 1987. The following mernbeta were present: ayy r Schneider, Councilmembers Crain, Sisk, Vasiliou and Zicur ; The following members were absent: none Councilmember Crain introduced the following Resolution and moved its adoption: RESOLUTION NO. 87- 291 REDUCTION OF SPECIAL ASSESSMENTS LEVY NO. 9697 WHEREAS, pursuant to adoption of Resolution No. 87-272 special assessments were levied by the City Co:incil for Project No. 426, Area Adjacent to Carlson Center 3rd Addition Street and Utility Improvements; and WHEREAS, pursuant to a District Court stipulation between the City Attorney and the property owners 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 owners are 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 10 apply to each parcel here listed: Original Revised Sec. Twp. Rng. _qq, Suffix Amount Reduction Assessment 34 118 22 31 0033 $4,677.65 $2,611.84 $2,065.81 34 118 22 31 0006 5,638.24 3,148.21 2,490.03 34 118 22 31 0023 4,176.45 2,331.98 1,844.47 34 118 22 31 0034 4,301.76 2,401.95 1,899.81 34 118 22 31 0022 3,758.82 2,101.34 1,657.48 2. That the revised assessments shall be spread over the remainder of years and at the interest rate applicable to Levy No. 9697 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 owners the difference between the new and old amount of assessment paid for the 1986 installments plus interest on the overpayment at the rate of 9.36% per year for the period December 12, 1986 to May 12, 1987. 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, Si-,',,-, Vasiliou and Zitur The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.