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IV.8. Approve Assessment of Private Waterline Repairs; BishopMay 7, 2019 Council Report 2019-047 APPROVE ASSESSMENT OF PRIVATE WATERLINE REPAIRS Proposed Action Staff recommends approval of the following motion: Move that the Hopkins City Council adopt Resolution 2019-039 Approving Special Assessment for Waterline Repairs on Private Property. Overview As part of a leak detection survey a homeowner was required to have their waterline replaced. The homeowner is required to make the repair based on Hopkins City Code. Following receipt of estimated repair costs the homeowner signed an agreement on January 2, 2019 petitioning the City to do the repairs and waiving their right to object to the assessment. The repairs were completed at a total cost of $6,000. As part of the agreement a 10 year assessment at 4% was proposed and agreed to. Hennepin County requires the City to take specific action placing the assessment on the taxes. This resolution accomplishes that requirement. Supporting Documents  Resolution 2019-039 ______________________________________ Nick Bishop, CPA Finance Director Financial Impact: $ 6,000 Budgeted: Y/N N X Source: property owner Related Documents (CIP, ERP, etc.): ___________ Notes: __________________ 1 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2019-039 Approving Special Assessment for Waterline Repairs on Private Property th WHEREAS, On January 2, 2019 the owners of property at 410 13 Ave N, Hopkins, MN and identified as 24-117-22-22-0042 signed an agreement petitioning for repairs to be done to their private waterline; and WHEREAS, the owner has insufficient funds to repair the waterline; and WHEREAS, the City as a program whereby the owner has the ability to petition the City to do the repairs and have the cost assessed to their taxes; and WHEREAS, as part of the agreement the owner waives their right to object to the assessment, NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby orders the assessment of $6,000 to be placed on the taxes of the property listed above for a 10 year period with an interest rate of 4%. th Adopted by the City Council of the City of Hopkins this 7 day of May 2019. By______________________________ Jason Gadd, Mayor ATTEST: _____________________________ Amy Domeier, City Clerk