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IV.3. Approve Assessment of Private Water Line Repairs; BishopJune 1, 2021 Council Report 2021-057 APPROVE ASSESSMENT OF PRIVATE WATERLINE REPAIRS Proposed Action. Staff recommends that the Council approve the following motion: Move that the Hopkins City Council adopt Resolution 2021-030 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 April 30, 2021 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 $17,200. 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 Information:  Resolution 2021-030 ________________________________________ Melanie Ortiz Accounting Technician Financial Impact: $ 17,200 Budgeted: Y/N N X Source: property owner Related Documents (CIP, ERP, etc.): ___________ Notes: __________________ CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2021-030 Approving Special Assessment for Waterline Repairs on Private Property WHEREAS, On April 30, 2021 the owners of property at 102 11th Ave S, Hopkins, MN, and identified as 24-117-22-34-0102, 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 has 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 $17,200 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 1st day of June, 2021. By:___________________________ Jason Gadd, Mayor ATTEST: _______________________________ Amy Domeier, City Clerk