HomeMy WebLinkAboutCity Council Resolution 2012-263CITY OF PLYMOUTH
RESOLUTION No. 2012-263
A RESOLUTION ADOPTING ASSESSMENTS
FOR THE FOX GLEN, PIKE LAKE AND 37TH AVENUE
EDGE MILL AND OVERLAY PROJECT
CITY PROJECT NO. 12002
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 assessment for the Fox Glen,
Pike Lake and 37th Avenue Edge Mill and Overlay Project, City Project No. 12002, including
the streets located in three project areas. The Fox Glen area is located on 35th Avenue, 39th
Avenue and 40th Avenue from Fernbrook Lane to the cul-de-sac east, the cul-de-sacs east and
west of Dallas Lane between 36th Avenue and 38th Place, Dallas Lane from Fernbrook Lane
to 39th Avenue and the Dallas Lane cul-de-sac west of Dallas Lane. The second area, Pike
Lake, is located southeast of County Road 61 to and including Goldenrod Lane, north of
County Road 10 to the City of Maple Grove city limits, excluding Hemlock Lane from the
City of Maple Grove to the cul-de-sac south, and includes the area of 61st Avenue to 62nd
Avenue from Goldenrod Lane to Deerwood Circle. The third area is located on 37th Avenue
from Plymouth Boulevard to approximately 1,285 feet east of Plymouth Boulevard by edge
mill and overlay of bituminous pavement, replacement of concrete curb and gutter, watermain
and sanitary sewer repairs and all necessary appurtenances.
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 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 assessments between $0 and $5,000 shall be payable in equal annual installments
extending over a period of 5 years, the first of the installments to be payable on or
before the first Monday in January, 2013, and shall bear the interest rate of 2.44% per
annum for a 5 year assessment period from November 1, 2012. To the first installment
shall be added interest on the entire assessment from November 1, 2012 until
December 31, 2013. To each subsequent installment when due shall be added interest
for one year on all unpaid installments.
3. Such assessments between $5,001 and $10,000 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, 2013, and shall bear the interest rate
of 3.37% per annum for a 10 year assessment period from November 1, 2012. To the
first installment shall be added interest on the entire assessment from November 2,
2012 until December 31, 2013. To each subsequent installment when due shall be
added interest for one year on all unpaid installments.
4. 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 of Plymouth Finance
Department, except that no interest shall be charged if the entire assessment was paid
by November 1, 2012 and he may at any time there after, pay the City of Plymouth
Finance Department 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 by November 15 or interest will be charged through December
31 of the next succeeding year. The owner of any property so assessed may also,
within 30 days from the adoption of the resolution, make a partial payment of a least
$100 to the City of Plymouth Finance Department. The remaining unpaid balance will
be certified as the new assessment amount. The owner may also at any time prior to
November 16, of any year, pay the remaining unpaid principal balance with interest
accrued to December 31 of the year in which such prepayment is made.
5. 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.
6. The total cost of the improvement assessed by this resolution is $337,475.76
Approved this 28th day of August, 2012.
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 August 28, 2012, 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