HomeMy WebLinkAboutCity Council Resolution 1988-580CITY 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 13th day of
September , 1988. The following members were present: ,
Mayor Schneider- Couneilmembers Ricker, Zitur and Sisk ,
The following members were absent: Councilmember Vasiliou
Councilmember Sisk introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 88- 580
REDF.FERRING OF DEFERRED ASSESSMENT
WHEREAS, by Resolution No. 83-461 certain special assessments were deferred
for a five year period; and
WHEREAS, the deferral will expire on December 31, 1988; and
WHEREAS, in accordance with the agreement when the improvements were
constructed, that the assessment deferral would continue until the property
developed and connected to the sanitary sewer; and
WHEREAS, as of this time the property is still undeveloped; and
WHEREAS, the City Council has now determined that said assessments should be
redeferred for an additional five year period.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA: That the assessment as it applies to P.I.N. 14-118-22-
32-0007 as established by Resolution No. 83-461 in the amount of $6,036.73, is
redeferred for a five year period beginning January 1, 1989, at the
established interest rate of 10.33 percent.
FURTHER BE IT RESOLVED, that if the property is connected to the sanitary
sewer system, the deferred assessment shall become payable in full.
The motion for the adoption of the foregoing Resolution was duly seconded by
rniincilmPmher Zitnr , and upon vote being taken thereon, the following
voted in favor thereof: _Mayor S hneider, Councilmemhers Ricker, Zitur ,
and Sisk
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.