2005-047
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2005-047
RESOLUTION ADOPTING ASSESSMENT ROLL
2005 STREET AND UTILITY IMPROVEMENT PROJECT
CITY PROJECT 04-10
WHEREAS, pursuant to proper notice duly given as required by law, the City
Council has met and heard and passed upon all objections to the proposed assessment
for the improvement of Madison Circle, Madison Avenue N, Monroe Avenue N, Monroe
Place, Jackson Avenue N, Sunnyside Lane, Van Buren Avenue N, and Shadyside
Circle, as described in the files of the City Clerk as Project 04-10.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Hopkins, Minnesota:
1. Such proposed assessment, as may be amended and 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 ten years, the first of the installments to be payable on or
after the first Monday in January 2007, and shall bear interest at the rate of 7
percent per annum from the date of the adoption of this assessment
resolution. To the first installment shall be added interest on the entire
assessment from May 17, 2005, until December 31, 2006. To each
subsequent installment when due shall be added interest from one year on all
unpaid installments.
3. It is hereby declared to be the intention of the Council to reimburse itself in
the future for the portion of the cost of this improvement paid for from
municipal funds by levying additional assessments, on notice and hearing as
provided for the assessments herein made, upon any properties abutting on
the improvement but not made, upon any properties abutting the
improvement but not herein assessed for the improvement, when changed
conditions relating to such properties make such assessment feasible.
4. To the extent that this improvement benefits non-abutting properties which
may be served by the improvement when one or more later extensions or
improvements are made, but which are not herein assessed, therefore, it is
hereby declared to be the intention of the Council, as authorized by
Minnesota Statutes Section 420.051, to reimburse the city by adding any
portion of the cost so paid to the assessments levied for any of such later
extension or improvements.
5. The clerk shall forthwith transmit a certified duplicate of the assessment to
the County Auditor to be extended on the property tax lists of the County, and
such assessments shall be collected and paid over in the same manner as
other municipal taxes.
Adopted by the City Council of the City of Hopkins, Minnesota, this 17th day of May
2005.
BY~/~~
E en J. Maxwell, ayor