HomeMy WebLinkAboutCity Council Resolution 2011-287CITY OF PLYMOUTH
RESOLUTION NO. 2011-287
A RESOLUTION ADOPTING ASSESSMENTS
FOR THE EDGE MILL AND OVERLAY PROJECT, JAMESTOWN
AND ZACHARY HILLS AREA CITY PROJECT NO. 11012
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 Edge Mill
and Overlay Project, Jamestown and Zachary Hills Area, City Project No. 11012, including
the streets located on Arrowood Lane from 49th Avenue to the cul-de-sac north, Cottonwood
Lane, Deerwood Lane and Evergreen Lane from 48th Place to the cul-de-sac south, Deerwood
Lane and Evergreen Lane from 48th Place to the cul-de-sac north, Evergreen Lane from 50th
Avenue to the cul-de-sac north, 48th Place and 50th Place from Forestview Lane to the cul-de-
sac west, 49th Place and 50th Place from Balsam Lane to the cul-de-sac west, 49th Avenue
from Balsam Lane to the cul-de-sac east and 50th Place from Arrowood Lane to the cul-de-sac
east by edge mill and overlay of bituminous pavement, 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, 2012, and shall bear the interest rate of 3.45% per
annum for a 5 year assessment period 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, 2012. To each subsequent
installment when due shall be added interest for one year on all unpaid installments.
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
within 30 days from the adoption of this resolution; 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 14 or interest will be
charged through December 31 of the next succeeding year. The owner of any property
Resolution No. 2011-287
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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 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 improvement assessed by this resolution is $150,998.94
Approved this 23rd day of August, 2011.
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 23, 2011, 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