2014-045 Revising Legislative Policy 6E - Finance Collection Billing PolicyCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2014-045
REVISING LEGISLATIVE POLICY 6E — FINANCE COLLECTION BILLING POLICY
WHEREAS, the City Council of the City of Hopkins has approved a document entitled
the Legislative Policy Manual to provide uniform guidelines on City policies so that actions taken
are consistent and fair; and
WHEREAS, the City Council has established Legislative Policy 6-E in order to establish
procedures to ensure the collection of utility bills and accounts receivable invoices; and
WHEREAS, the City Council has determined that the existing policy needs to be revised
in order to clarify how the $100 service charge is to be applied to delinquent accounts that are
assessed and to provide for interest charges on miscellaneous accounts receivable that are 30 days
or more past due,
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins
hereby adopts the following changes to Legislative Policy: "There shall be a $100.00 service
charge added on each such utility account or accounts receivable invoice per parcel assessed and
18% per annum interest (1'/2 % per month) on miscellaneous accounts receivable invoices 30 days
or more past due."
Adopted by the City Council of the City of Hopkins this 2nd day of September, 2014.
By
Eug e JjOaxwell, Mayor
ATTEST:
Amy Domeier, City Clerk