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HomeMy WebLinkAboutCity Council Resolution 2014-327CITY OF PLYMOUTH RESOLUTION No. 2014-327 A RESOLUTION ADOPTING ASSESSMENT FOR ABATEMENT OF HAZARDOUS BUILDINGS 12125 24TH AVENUE NORTH WHEREAS, in accordance with court orders authorizing the removal of hazardous structures and approval to assess all related costs against following the property: PIN# 26-118-22-21-0068 (12125 24`" Avenue North) NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND 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 property 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 5 years and shall bear the interest rate of 2.78% per annum. 3. The owner of said property may pay the entire assessment to the City of Plymouth Finance division prior to November 15, 2014 without interest. The owner may also, until November 15, 2014, make a partial payment of a least $100 to the City of Plymouth Finance division. The remaining unpaid balance will be certified as the new assessment amount. Thereafter, the first year standard assessment (which includes principal and interest through December 31, 2015) must be paid to the County between November 15, 2014— November 15, 2015. The owner may also at anytime prior to November 15, of any year, pay the remaining unpaid principal balance with interest accrued to December 31 of the year in which such prepayment is made. 4. The Clerk shall forthwith transmit a certified duplicate of this assessment to the County Finance Director to be extended on the property tax lists of the County. Such assessments shall be collected and paid over in the same manner as other municipal taxes. 5. The total cost of the assessment by this resolution is $31,175.75. APPROVED this 14th day of October, 2014. 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 October 14, 2014, 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