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IV.3. Resolution Approving an Owner Requested Special Assessment Agreement; Bishop CITY OF HOPKINS City Council Report 2023-065 To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Ann M. Vidoloff, Deputy City Clerk Date: June 20, 2023 Subject: Adopt Resolution 2023-021 Approving an Owner Requested Special Assessment Agreement _____________________________________________________________________ RECOMMENDED ACTION MOTION TO Adopt Resolution 2023-021 Approving an Owner Requested Special Assessment. OVERVIEW Hopkins residents are required to make repairs to private water or sewer service and remove diseased trees based on City Code. The cost associated with this work can be significant. In order to assist residents in completing the private work, the City offers a special assessment program. The program allows residents to assess the cost of the repairs to their property taxes over a 10-year period with 4% interest. A homeowner petitioned the City to assist with the payment of certain required sewer repair work needed on the property. The homeowner signed an agreement in which the City will pay the contractor for the completed work after it has been deemed in accordance with our standards and requirements. Homeowner waived the right to a hearing and also waived the right to object to a special assessment. Upon adoption of this resolution, the City will directly pay the contract for the work and levy the owed amount against the homeowner’s property. SUPPORTING INFORMATION • Resolution 2023-021 Finance Department CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2023-021 APPROVING AN OWNER REQUESTED SPECIAL ASSESSMENT WHEREAS, on May 9, 2023, a certain property owner signed an Agreement with the City regarding required sewer repair and/or replacement on the property for the amount listed below: Address PID Amount 334 13th AVE N 24-117-22-23-0124 $6,685.00; and WHEREAS, the owner has insufficient funds to pay for the costs of this required work; and WHEREAS, the City has a program in which owners may petition the City to pay a contractor for the completed work in exchange for a special assessment against their property to finance the payments; and WHEREAS, as part of the signed Agreement the Owner waived the right to a public hearing and waived the right to object to the assessment, NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby orders an assessment to be placed on the taxes of the property listed above for a ten (10) year period with a simple interest rate of four percent (4%). Adopted by the City Council of the City of Hopkins this 20th day of June, 2023. By: ___________________________ Patrick Hanlon, Mayor ATTEST: _______________________________ Amy Domeier, City Clerk