1996-036CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 96-36
ADOPTION OF THE ASSESSMENT ROLL
PROJECT 95-17
WHEREAS, pursuant to proper notice duly given as required by law,
the City Council has met and heard and passed upon all
objections to the proposed assessment for the reconstruction
of streets and installation of utilities on 7th Ave. South
between 7th/8th St. So., 8th Ave. So. between 6th/7th St.
So., and alley reconstruction between 7th/8th St. So., east
of 6th Ave. So. as described in the files of the City Clerk
as Project 95-17,
NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF HOPKINS,
MINNESOTA:
1. Such proposed assessment, as may be amended and a copy
of which is attached hereto and made a part hereof, is
hereby accepted and shall constitute the special
assessment against the lands named therein, and each
tract of land therein included is hereby found to be
benefited by the proposed improvement in the amount of
the assessment levied against it.
2. Such assessment shall be payable in equal annual
installments extending over a period of ten years, the
first of the installments to be payable on or after the
first Monday in January, 1997, and shall bear interest
at the rate of 8 percent per annum from the date of the
adoption of this assessment resolution. To the first
installment shall be added interest on the entire
assessment from May 7, 1996 until December 31, 1997.
To each subsequent installment when due shall be added
interest from one year on all unpaid installments.
3. It is hereby declared to be the intention of the
Council to reimburse itself in the future for the
portion of the cost of this improvement paid for from
municipal funds by levying additional assessments, on
notice and hearing as provided for the assessments
herein made, upon any properties abutting on the
improvement but not made, upon any properties abutting
the improvement but not herein assessed for the
improvement, when changed conditions relating to such
properties make such assessment feasible.
4. To the extent that this improvement benefits
non-abutting properties which may be served by the
improvement when one or more later extensions or
improvements are made, but which are not herein
assessed, therefore, it is hereby declared to be the
intention of the Council, as authorized by Minnesota
Statutes Section 420.051, to reimburse the city by
adding any portion of the cost so paid to the
assessments levied for any of such later extension or
improvements.
5. The clerk shall forthwith transmit a certified
duplicate of the assessment to the County Auditor to be
extended on the property tax lists of the County, and
such assessments shall be collected and paid over in
the same manner as other municipal taxes.
Adopted by the City Council of the City of Hopkins this 7th day
of May, 1996. ~\