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2024-047 Resolution Approving Special Assessment for Private Water Repair CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2024-047 APPROVING SPECIAL ASSESSMENT FOR PRIVATE WATER REPAIR WHEREAS, In 2024 certain property owners signed agreements for private water repair as identified below: Address Property Identification Number Amount 110 7th Avenue N 24-117-22-42-0112 $3,780.00 133 7th Avenue N 24-117-22-42-0147 $4,180.00 37 7th Avenue N 24-117-22-42-0041 $3,980.00 WHEREAS, the owners have insufficient funds to perform the repairs; and WHEREAS, as part of the agreement the owner waives the right to object to the assessment, NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby orders the assessment to be placed on the taxes of the properties listed above for a 10-year period with an interest rate of 4%. Adopted by the City Council of the City of Hopkins this 16th0 day of Jul , 2024. By: Patrick Hanlon, Mayor ATTEST: ` 11 •' Amy Domeier, City Clerk