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80-2855 CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 80-2855 RESOLUTION ADOPTING ASSESSMENTS WHEREAS, pursuant to proper notice duly published and given as required by law, the City Council of the City of Hopkins has met and heard on May 20th, 1980, and passed upon all objections to the proposed assessments for the installation of concrete curb, gutter, sidewalk, driveways and street improvements on 5th, 6th, 7th and 8th Avenues North from Excelsior Avenue to Minnetonka Mills Road, 1st, 2nd, 3rd Street North and Minnetonka Mills Road and between 5th Avenue North and 8th Avenue North, also for the improvement of the north south and the two east-west alleys in Block 1, West Minneapolis between 5th Avenue South and 6th Avenue South by concrete surfacing and blacktop to meet existing driveways, all as more fully set forth and described in Exhibit A. attached to Resolution No. 80-2839 adopted April 1, 1980 and Resolution No. 80-2844 adopted April 15, 1980. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HOPKINS, as follows: 1. Such proposed assessments, a copy of which is attached hereto and made a part hereof and hereby accepted and shall constitute the special assessments against the lands therein named and each tract of land therein included is hereby found to be benefitted by the proposed improvement in the amount of the assessment levied against it. 4110 2. Such assessments shall be payable in equal, annual installments extending over the periods of years set forth in the Schedules of Assessments, the first of the installments to be payable on or before January 2, 1980. Any deferred installments shall bear interest at the rate of seven percent (7) per annum from the 1st day of October 1, 1980. To the first installments shall be added interest on the entire respective assessments from October 1, 1980 until December 31, 1980. To each subsequent installments, 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, except between November 15th, 1980 and December 31st, 1980, prior to certification of the assessments to the Hennepin County Auditor, as herein provided, pay the whole of the assessments against any parcel with interest accrued to date of payment, to the City Manager, except that no interest shall be charged if the entire assessment is paid before November 15th. Also, the owner of any property may at any time thereafter, except between November 15th and December 31st, of each year, pay to the City Manager, the entire amount of the assessments remaining unpaid. 4. The Clerk shall forthwith transmit a certified duplicate or duplicates of these assessments to the Hennepin County Auditor to be extended on the proper tax lists of the County, and such assessments shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted by the Council of the City of Hopkins, MInnesota, this 20th day of May, 1980. H. E. RICHARDSON, JERRE A. MILLER, City Clerk Mayor JOSEPH C. VESELY, City Attorney S 111