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IV.5. Approve Special Assessment for Water and Sewer Repairs on Private Property; Bishop 1 November 4, 2019 Council Report 2019-114 APPROVE SPECIAL ASSESSMENT FOR WATER AND SEWER REPAIRS ON PRIVATE PROPERTY Proposed Action Staff recommends approval of the following motion: Move that the Hopkins City Council adopt Resolution 2019-083 Approving Special Assessment for Water and Sewer Repairs on Private Property. Overview As part of the 2018 street reconstruction project 29 homeowners were required to repair private water or sewer service. The homeowners were required to make the repair based on Hopkins City Code. 6 homeowners completed the repairs privately. 23 homeowners chose to let the City complete the repair during street reconstruction and have the amount assessed to them. They have all signed an agreement with the City waiving their right to object to the assessment. Amounts range from $1,752.10 to $5,544.40. The total amount to be assessed is $70,246.56. 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 2019-083 ______________________________________ Nick Bishop, CPA Finance Director Financial Impact: $ 70,246.56 Budgeted: Y/N: No__________ Source: property owner Related Documents (CIP, ERP, etc.): ___________ Notes: __________________ CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2019-083 Approving Special Assessment for Water And Sewer Repairs on Private Property WHEREAS, During 2018 certain property owners signed agreements petition for repairs to be done to their private water and sewer services. The properties and amounts are identified as follows: 1402 OXFORD ST 1911721110116 $2,719.75 1406 OXFORD ST 1911721110115 $2,833.55 1410 OXFORD ST 1911721110113 $3,059.99 1417 OXFORD ST 1911721110035 $2,989.99 1425 OXFORD ST 1911721110034 $2,219.99 1429 OXFORD ST 1911721110033 $2,172.80 402 TEXAS AVE 1911721110109 $3,059.99 614 TEXAS AVE 1911721110009 $4,927.00 1410 CAMBRIDGE ST 1911721110122 $2,225.40 1418 CAMBRIDGE ST 1911721110026 $3,339.99 1422 CAMBRIDGE ST 1911721110027 $4,039.99 1325 LAKE ST NE 1911721110124 $4,249.99 1405 LAKE ST NE 1911721110118 $2,989.99 1411 LAKE ST NE 1911721110114 $2,989.99 1424 LAKE ST NE 1911721110094 $2,499.99 1428 LAKE ST NE 1911721110093 $2,756.00 1406 LAKE ST NE 1911721110099 $2,639.99 1414 LAKE ST NE 1911721110097 $2,709.99 1320 LAKE ST NE 1911721110103 $2,685.70 1316 LAKE ST NE 1911721110104 $3,619.99 410 MURPHY AVE 1911721110042 $1,752.10 416 MURPHY AVE 1911721110041 $2,219.99 1403 LAKE ST NE 1911721110117 $5,544.40 WHEREAS, the owners have insufficient funds to repair the water or sewer service; and WHEREAS, the City as a program whereby the owners have 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 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 4th day of November 2019. By______________________________ Jason Gadd, Mayor ATTEST: _____________________________ Amy Domeier, City Clerk