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HomeMy WebLinkAboutCity Council Resolution 1997-649• CITY OF PLYMOUTH RESOLUTION NO. 97 - 649 ADOPTING ASSESSMENTS PEONY LANE FROM STATE HIGHWAY 55 TO THE WAYZATA HIGH SCHOOL'S NORTH PROPERTY LINE CITY PROJECT NO. 5002 STREET AND UTILITIES (SCHOOL AND CITY PROPERTY) 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 Peony Lane by the installation of bituminous street with concrete curb and gutter and storm sewer, and lateral watermain, and all other appurtenances; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY 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 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, 1998, and shall bear interest at the rate of 8.0% 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, 1998. 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 charges 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 29 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 $321,430. Adopted by the City Council on October 15, 1997. NAMMINwmhn Res" 649.406 • • STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersignedt being the duly qualified and appointed City Cleric 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 0 soo2 sir.& util.-.awl d city PIN NAME ADDRESS CITY ST ZIP 52STR WTL TOTAL 0711822190002 MdWw dW Schod Dist f1284 210 Co Rd 101 Wayzata MN 55391 1159AS.00 $53.200.00 1212.454.00 0711822240002 City Of PlymoulA 3400 Plynwutb Blvd Pl/rtwuth MN 85447 $108.172.00 $2.800.00 $104.972.00 $283.490.00 156.000.00 8321.490.00 Pegs 1