2014-1073 Amending Section 703.03 Procedures for the Collection and Deferment of Special AssessmentsCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
ORDINANCE NO. 2014-1073
AN ORDINANCE AMENDING SECTION 703.03 OF THE HOPKINS CITY CODE
RELATING TO PROCEDURES FOR THE COLLECTION
AND DEFERMENT OF SPECIAL ASSESSMENTS
THE CITY COUNCIL OF THE CITY OF HOPKINS DOES ORDAIN:
SECTION 1. The Hopkins City Code Section 703.03 is hereby amended by substituting a new
paragraph to read as follows:
703.03 Pre -payment. At any time prior to certification of the assessment by the City to the County
Auditor, an owner may pre -pay any amount of the assessment but not less than the lesser of $100.00 or
25% of the assessment, with interest accrued to the payment date, except that no interest shall be charged
if such partial payment is made within 30 days from the adoption of the assessment. The balance
remaining shall be paid in accordance with the schedule adopted by the City Council or as provided in
Minnesota Statute Section 429.061, Subd. 3. (Amended Ord. No. 93-724)
SECTION 2. This Ordinance is effective on August 14, 2014.
First Reading: July 15, 2014
Second Reading:
Date of Publication:
Effective Date of Ordinance:
Attest:
auwj (LA
Amy Domeier, City C erk
August 4, 2014
August 14, 2014
August 14, 2014
EugenO. NUOvell, Mayor