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HomeMy WebLinkAboutCity Council Resolution 1996-437CITY OF PLYMOUTH RESOLUTION NO. % - 437 ADOPTING ASSESSMENTS THE PONDS AT BASS CREEK 3RD ADDITION CITY PROJECT NO. 620 WATERMAIN AREA WHEREAS, in conformance with the development contract, we have received a Waiver of Assessment Hearing from the property owner of The Ponds at Bass Creek 3rd Addition waiving their right to special assessment bearings covering the installation of water trunk facilities, and all other appurtenances; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CnT COUNCIL OF CITY • - 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 proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installnients extending over a period of 5 years, the fust of the installments to be payable on or before the first Monday in Januaty, 1997, and shall bear interest at the rate of 8.00% per annum from the date of adoption of this assessment resolution. To the fust installment shall be added interest on the entire assessment from the date of this resolution until Decxmber 31, 1997. To each subsequent installment when due shall be added interest for one year un all unpaid installments. 3. The owner of any property so assessed map, 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 accred 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 fmm 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 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 $18,170. Adopted by the City Council on August 7, 1996. 0 wWTK0JMTft1r&MUAMA3M.00c STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on , 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