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HomeMy WebLinkAboutCity Council Resolution 2017-308 C ITY OF P LYMOUTH R ESOLUTION N O. 2017-308 R ESOLUTION A DOPTING R EASSESSMENT FOR A BATEMENT OF TH H AZARDOUS B UILDINGS 12125 24 A VENUE N ORTH WHEREAS, on October 14, 2014 the City Council adopted Resolution No. 2014-327 adopting th assessment for abatement of hazardous buildings at 12125 24 Avenue North; and WHEREAS, the property was tax forfeited and the special assessment was cancelled because of the forfeiture; WHEREAS, the property was purchased by Masa Properties, Inc.; and WHEREAS, the City of Plymouth continues to desire to collect costs associated with the th abatement of the hazardous buildings at 12125 24 Avenue North; and 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 reassessment for abatement of a hazardous th building at 12125 24 Avenue North in Plymouth. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that: 1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is accepted and shall constitute the special assessment against the property named therein, and each tract of land therein included is 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 3.4 % per annum. 3. The owner of said property may pay the entire assessment to the City of Plymouth Finance Division prior to November 15, 2017 without interest. The owner may also, until November 15, 2017, make a partial payment of at least $100 to the City of Plymouth Finance Division. The remaining assessment (which includes principal and interest through December 31, 2017) must be paid to the County between November 15, 2017 and November 15, 2018. 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 City 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 in the same manner as other municipal taxes. 5. The total cost of the assessment by this resolution is $31,175.75 Resolution No. 2017-308 Page 2 of 2 APPROVED by the City Council on this 26th day of September, 2017. STATE OF MINNESOTA ) ) SS. COUNTY OF HENNEPIN ) 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 September 26, 2017, 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