HomeMy WebLinkAboutCity Council Resolution 1997-650•
CITY OF PLYMOUTH
RESOLUTION N0.97 - 650
ADOPTING ASSESSMENTS
PEONY LANE FROM STATE HIGHWAY 55 TO THE
WAYZATA HIGH SCHOOL'S NORTH PROPERTY LINE
CITY PROJECT NO, 5092
STREET AND UTUITIES
(COMMERCIAL PROPERTIES)
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and
Nod and passed upon all objections to the proposed as,%ossments 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
irnprovement 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 irstallments to be payable on or before the first Monday in January,
1498, and shall Gear 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, 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 charged if the entire assessment is paid within 30 days from the
adoption of this resolution ard he may at any time thereafter pay the City Finance Director
the entire amount of the assessment rema'ning 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 chPrged 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 list✓ 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 resc tution is $152,700.
Adopted by the City CJuncil on October 15. 1997.
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STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualiifieJ 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 band officially as such City Clerk and the Corporate seal of the City this
coy of
City Clerk
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5002 str. & utbl.-a w wrw Ool
PIN NAME
ADDRESS
CITY ST ZIP
52STR NTL TOTAL
1011822120004 m it m msaft
11035 Old Roddwd Rd
Plymouth MN 55111
$9.900.00 $3.100.00 $13.500.00
151 18=120= Ksts Bros. Dnrataynwnt Corp.
3175 Co wrwrcal Ave.
NoMfraak IL 40042
$87,290.00 $31.720.00 $114.950.00
1411122120010 Bndey i Thwm DevenpoA
4435 Peony La N
P"1010 MIN 55116
$11.150.00 $5.400.00 $20,250.00
$111,940.00 $14.720.00 5152,700.00
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