HomeMy WebLinkAboutCity Council Resolution 1992-749CITY OF PLYMOUTH
RESOLUTION NO. 92- -19
ADOPTING ASSESSMENTS
CITY PROJECT NO 106
NORTHWEST BOULEVARD (FUTURE COUNTY ROAD 61) IMPROVEMENTS
WHEREAS, we have received a Waiver of Assessment Hearing from the property owners of Bass
Lake Terrace Plat waiving their right to special assessment hearings covering the
installation of street and storm sewer, 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 made 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 Monday in
January 1993, and shall bear interest at the rate of 8.00Z per annum from the date of
adoption of this assessment resolution. To the first installment shall be added
interest on the entire assessment from the date of this Resolution until December 31,
1993. To each subsequent installment when due shall be added interest for one year on
all unpaid installments.
A. 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 27 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 same manner as other municipal
taxes.
5. The total cost of the improvement assessed by this Resolution is:
Bituminous street with concrete
curb i gutter and storm sever
Prepayment
Adopted by the City Council on November 16, 1992
$65,642.00
16.271.75
$49,370.25