HomeMy WebLinkAboutCity Council Resolution 1996-580CITY OF PLYMOUTH
RESOLUTION NO, 96 - 580
ADOPTING ASSESSMENTS
CITY PROJECT NO. 602
1996 STREET RECONSTRUCTION PROGRAM
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and
heard and passed upon all objections to the proposed assessments for the improvements of the
1996 Reconstruction Program by the reconstruction of streets, and all other appurtenances;
NOW, THEREFORE, BE IT REMY RESOLVED RY THE CITY COUNCEL OF THE
• - PLYMOUTH,it - •
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
10 years, the first of the installments to be payable on or before the first Monday in
January, 1997, and shall bear interest at the rate of 7.5 % 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, 1997. To each
subsequent installment when clue 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 ray 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 in the same manner as other murdcipal taxes.
5. The total cost of the improvement assessed by this resolution is $13%66.17.
Adopted by the City Council on October 16, 1996,
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