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HomeMy WebLinkAboutCity Council Resolution 1995-444• Cy M r'Z• a s 414 k'1114y M: i RESOLXMON NO. 95 - 444 ADOPTING ASSESSMENTS CITY PROJECT NO. Sn WATERMAIN AREA THE ROUNDS ADDI'T'ION WHEREAS, in conformance with the development contract, we have received a Waiver of Assessmnnt Hearing from the property owner of The Rounds Addition waiving their right to special assessment hearings covering the installation of watermain trunk facilities, and all other appurtenances; NOW, 1'1 • HEIMY • : r By THE CITY COUNCILOF 1: CITY OF PLYMOUTH, 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 j,:oposed improvement in the amount of the aRsessment levied against it. 2. Su: h 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 fust Monday in January, 1996, and shall bear interest at the rate of 8.00% per annum from the date of adoption of this assessment resolution. To the first installment shall be added interest on the entire messment from the date of this resolution until December 31, 1996. To each subsequent installment when due shall be added interest for one year on all unpaid installmedts. 3. The owner of any property so assessed may, at auy 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 Finanw 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 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 lists of the County and such assessments shall be collected and paid over =n the same manner as other municipal taxes. 5, The tot?] cost of the improvement assessed by this resolution is $3,160. Adopted by the city Council on August 1, 1995, 11 0 STATE OF MINNESOTA) COUNTY OF HENNEW SS. The undersigned, being the duty qualified and appointed City Clerk of the Citv of Plymouth, erti Minnesota, cfies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on August 1, 1995 , with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of City Clerk