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HomeMy WebLinkAboutCity Council Resolution 1993-763CITY OF PLYMOUTH RESOLUTION NO. 93-763 APPROVING SETTLEMENT AGREEMENT SPECIAL ASSESSMENT APPEAL JOHN B. JORDAN PIN 18-118-22-43-0001 MEDINA ROAD IMPROVEMENTS CITY PROJECT NO. 010 WHEREAS, in 1992 after holding an assessment hearing the City Council levied special assessments against the John B. Jordan property (PIN 18- 118-22-43-0001) for the benefit received from the Medina Road Improvement Project; and WHEREAS, the assessments were for immediate benefit that the property received for the existing single family dwelling on the property and for future benefit that the property would receive when it developed in accordance with the City's Land Use Guide Plan; and WHEREAS, John B. Jordan appealed the special assessment to the District Court; and WHEREAS, a proposed settlement has been mutually agreed to between the City and Jordan which provides for immediate payment of the assessment for the single family use of the property ($16,492.50) and deleting the deferred assessment ($83,525.10) at this time for future benefit of the property when it develops in accordance with the City's Land Use Plan. The City does retain the right to determine any benefit that the property received from the improvements when a future development is proposed. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the settlement agreement is approved and the Mayor is authorized to sign the agreement on behalf of the City. Adopted by the City Council on December 6, 1993. 0