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IV.6. Approve Assessment of Private Waterline Repairs; Bishop� October 4, 2019 Clty ��f HO�JICIIIS Council Report 2019-105 APPROVE ASSESSMENT OF PRIVATE WATERLINE REPAIRS Pro osed Action Staff recommends approval of the following motion: Move that the Ho�kins Cit�� Council ado�t Resolution 2019-105 Approvin� Special Assessment for Waterline R�pairs on Private Propertv_. 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 October 4, 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 $4,300. 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. Sunnortin� Documents � Resolution 2019-105 Melanie Ortiz Accounting Technician Financial Impact: $ 4,300.00 Budgeted: Y/N N X Source: ro e owner Related Documents (CIP, ERP, etc.): Notes: CITY OF HOPKINS HENNEPIN COUNTY, NIINNESOTA RESOLUTION NO. 2019-079 Approving Special Assessment for Waterline Repairs on Private Property WHEREAS, On October 4, 2019 the owners of property at 406 14th Ave N, Hopkins, MN and identified as 24-117-22-22-0057 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 t�es; 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 $4,300.00 to be placed on the taxes of the property listed above for a 10 year period with an interest rate of 4%. Adopted by the City Council of the City of Hopkins this 15�' day of October 2019. : ATTEST: Amy Domeier, City Clerk Jason Gadd, Mayor