HomeMy WebLinkAboutCity Council Resolution 1994-674L
CITY OF PLYMOUTS
RESOLUTION % -674
ADOF nNG ASSESSMENTS
CITY PROJECT NO. 907
FERNBROOB LANE STREET AND UTQ.IT®'S
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and beard
and passed upon all objections to the proposed assessments for Ferobwok Lane Street and Utility
Improvements. by the installation of street with concrete curb and gutter, storm sewer, wamnain,
sanitary sewer, and water lateral, and all other appurtenances;
NOW, THEREFORE, BE TT HEREBY RESOLVED BY THE C17Y 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 bunds named th rain and each
UW 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 S years,
the first of the installments to be payable on or before the first Monday in January, 1995, and
shall bear interest at the rate of 7.008 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, 1995. 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 accred to December 31 of the year in which such payment is
made. Such payment must be made before November 30 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 lista of the County and such assessments shall be
collected and paid over in the same manner as other municipal taxes.
S. The total cost of the improvement assessed by this resolution is:
36' wide 7 -ton street with concrete curb and
gutter and atorm sewer $128,100.00
Water lateral 21424.66
Sanitary sewer lateral 12.134,
TOTAL ASSESSED $1429659.45
Adopted by the City Council on October 17, 1994
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Resolution No. 94-674
STATE OF bMMOTA)
COUNTY OF IMNNIPII) SS.
Mme undeetlSaed, belt the duly qualified and appohod Cky Clam of the City of Piymoatb,
bibmeaota, cmdit that I compared the forgpft remolutioo adopted at a meoft of the
Plymouth My Oouacii oo Oct&mv, 17,49a_with the or4W thereof on ft is my
off"$ and the acme it a coreecx U%Ucriaion thereof.
WITNESS my bend oAlcWly as nrcb City Clerk and the Corporate Beal of the City this
day of
Chy Clark
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