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HomeMy WebLinkAboutCity Council Resolution 1991-665CITY OF PLYMOUTH RESOLUTION NO. 91-665 ADOPTING ASSESSMENTS PROJECT NO 008 BASS CREEK BUSINESS PARK STREETS, CONCRETE CURB AND GUTTERS, AND SIDEWALK WHEREAS, we have received a Waiver of Assessment Hearing from the property owners of Bass Creek Business Park Plat waiving their right to special assessment hearings covering the installation of bituminous streets with concrete curb and gutter, concrete sidewalk and all other appurtenances; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. Such proposed assessment, a copy of which is attached hereto and mao, a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of 5 years, the first of the installments to be payable on or before the first Nonday in January 1992, and shall bear interest at the rate of 8.002 per annua from the date of adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the data of this Resolution until December 31, 1992. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Finance Director, pay the whole of the assessment on such property with interest accrued to the date of payment to the City Finance Director, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this Resolution; and he may at any time thereafter pay the City Finance Director the entire amount of the assessment remaining unpaid with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Finance Director to be extended on the proper tax lists of the County and such assessments shall be collected and paid over in the sane manner as other municipal taxes.. 5. The total cost of the improvement assessed by this Resolution is: Street with Concrete Curb and Gutter $613,027.73 and Concrete Sidewalk Adopted by the City Council on October 21, 1991.