2002-020
CITY OF HOPKINS
HENNEPIN COUNTY MINNESOTA
RESOLUTION NO. 2002-20
ADOPTION OF THE ASSESSMENT ROLL
PROJECT 2000-14
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 assessments for Knollwood
Pond improvements as described in the files of the City Clerk as Project 2000-14.
NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF HOPKINS,
MINNESOTA:
1. Such proposed assessments, as may be amended and a copy of which is attached
hereto and made a pali hereof, is hereby accepted and shall constitute the special
assessments against the lallds named therein, alld each tract of land therein included is
hereby found to be benefited by the proposed improvement in the alnount of the
assessment levied against it.
2. Such assessments 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 JanualJ', 2003, alld shall bear interest at the rate of 7 percent per mum
from the date of the adoption of this assessment resolution. To the first installment
shall be added interest on the entire assessment from March 6, 2002 until December
31, 2002. To each subsequent installment when due shall be added interest from one
yeal' 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 tins improvement paid for from municipal funds by
levying additional assessments, on notice and heal'ing as provided for the assessment,s
herein made, upon any properties abutting on 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 nonabutting 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 such later extension or improvements.
5. The clerk shall forthwith traIlsmit a celiified duplicate of the assessment to the
County Auditor to be extended on the propeliy tax lists of the County, and such
assessments shall be collected and paid over in the SaIne maImer as other municipal
taxes.
Adopted by the City Council of Hopkins, Minnesota, this 6th day of March 2002.
BY ~~MaYOr