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HomeMy WebLinkAboutCity Council Resolution 1988-408ACITY OF PLYMOUTH i due call and notice thereof, , a regular _— Ilke .ting of torr C t ; t:�unr. i 1 o f t h.• ?mouth, Minnesota was held on the IS&h_ day of following members were present: fi r. >ackgr, Vasiliou, Sisk. wing members were absent: introduced the following Resolution and moved its RESOLUTION NO. 88- 408A ADOPTING ASSESSMENTS PROJECT NO 826 SANITARY SEWER AND 'WATERMAIN AREA - WOOD POINTE ESTATES , in conformance with the development contract, we have received a Waiver of ent Hearing from the property owner of Wood Pointe Estates waiving their right to assessment hearings covering the installation of sanitary sewer and water trunk les and all other appurtenances; EFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, i proposed assessment, a copy of which is attached hereto and made a part hereof, is !by- accepted and shall constitute the special assessment against the lands named *in and each tract of land therein included is hereby found to be benefited by the nosed improvement in the amount of the assessment levied against it. i assessment shall be payable in equal annual installments extending over a period of ,tars, the first of the installments to be payable on or before the first Monday in iary 1989, and shall bear interest at the rate of 8.00% per annum from the date of tion of this assessment resolution. To the first installment shall be added gest on the entire assessment from the date of this Resolution until December 31, To each subsequent installment when due shall be added interest for one year on unpaid installments. owner of any property so assessed may, at any time prior to certification of the essment to the County Finance Director, pay the whole of the assessment on such iperty with interest accrued to the date of payment to the City Finance Director, ppt-that no interest shall be charged if the entire assessment is paid within 30 days s` the adoption of this Resolution; and he may at any time thereafter pay the City isnce Director the entire amount of the assessment remaining unpaid with interest rued to December 31 of the year in which such payment is made. Such payment must be le"before November 15 or interest will be charged through December 31 of the next seeding year. .'Clerk shall forthwith transmit a certified duplicate of this assessment to the my Finance Director to be extended on the proper tax lists of the County and such essments shall be collected and paid over in the same manner as other municipal es. 'total cost of the improvement assessed by this Resolution is $1,640.10. [-ion for the adoption of the foregoing Resolution was duly seconded by `nclses►bez Sisk Q� t� ehoreof: Schnei r, risk a upon V86 o�, K e hereon, the following voted in Vlowtng voted against or abstained: Una& poh the Resolution was declared duly passed and adopted.