HomeMy WebLinkAboutCity Council Resolution 2010-280CITY OF PLYMOUTH
RESOLUTION NO. 2010-280
ADOPTING ASSESSMENTS
CAMPUS DRIVE / 26TH AVENUE MILL AND OVERLAY PROJECT
ASSESSMENTS UP TO $5,000
CITY PROJECT NO. 8107
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 improvement of Campus Drive / 26t1' Avenue between Northwest Boulevard
and Teakwood Lane by bituminous resurfacing of the street, replacement of concrete
curb and gutter, driveway entrance repair, repairs to utility strictures, traffic signal
loop detectors 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 assessment 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, 2011, and shall bear the interest rate of
2.57% 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,
2011. 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 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 29 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 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 $16,774.88
Approved this 12th day of October, 2010.
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 12, 2010 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