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IV.7. Approval of Special Assessment of Private Waterline Repairs; BishopNovember 16, 2021 Council Report 2021-109 APPROVE SPECIAL ASSESSMENT OF PRIVATE WATERLINE REPAIRS Proposed Action. Staff recommends that the Council approve the following motion: Move that the Hopkins City Council adopt Resolution 2021-071 Approving Special Assessment for Waterline Repairs on Private Property. Overview: As part of an effort to save a boulevard tree, the homeowner elected to replace their water service using installation methods that are above the normal special assessment of the street project. Following receipt of estimated repair costs, the homeowner signed an agreement on May 15, 2020 petitioning the City to do the repairs and waiving their right to object to the assessment. The project was completed at a total cost of $4,292.23. 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 2021-071 ________________________________________ Melanie Ortiz Accounting Technician Financial Impact: $ 4,292.23 Budgeted: Y/N N X Source: property owner Related Documents (CIP, ERP, etc.): ___________ Notes: __________________ CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2021-071 Approving Special Assessment for Waterline Repairs on Private Property WHEREAS, On May 15, 2020 the owner of property at 215 Hawthorne Rd, Hopkins, MN, and identified as 20-117-21-33-0056, 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 $4,292.23 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 16th day of November, 2021. By:___________________________ Jason Gadd, Mayor ATTEST: _______________________________ Amy Domeier, City Clerk