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1998-055CITY OF HOPKINS Hennepin County, Minnesota Resolution No. 98-55 RESOLUTION APPROVING PETITIONS FOR PRIVATE IMPROVEMENTS FOR HEARING ON PROPOSED ASSESSMENTS -PRIVATE IMPROVEMENTS AND MISCELLANEOUS ASSESSMENTS WHEREAS, the owners of property located at 109-111, 113-115, 117-119, 133 and 226 6th Avenue North petitioned for private improvements in conjunction with Storm Sewer Project 97-11 pursuant to Minnesota Statute No. 429, and WHEREAS, the owner of property located at 2 '/z East St. Albans Road petitioned for placement of certain utility connection charges as a special assessment, Project 98-08, pursuant to Minnesota Statute No. 429, and WHEREAS, the petitions and accompanying documents thereto comply with the • requirements of the aforementioned statute, and WHEREAS, the engineering superintendent has prepared a preliminary assessment roll for the aforementioned petitions, for the installation of a retaining wall (Project 97-09), and for 1998 Miscellaneous Special Assessments, and WHEREAS, the city clerk has notified the Council that such proposed assessments have been completed and filed in her office for public inspection, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HOPKINS, MINNESOTA: 1. Said petitions are approved. 2. A hearing shall be held on the 6th day of October, 1998, at the City Hall at 7:30 P.M. to pass upon such proposed assessments and at such times and place all persons owning property affected by such improvements will be given an opportunity to be heard with reference to such assessment. 3. The City Clerk is hereby directed to cause a notice of hearing on the proposed assessments to be published in the official newspaper at least two weeks prior to the hearing and to mail notices to the owners of all property affected by said assessments. 4. The notice of hearing shall state the date, time and place of hearing, the general nature of the improvements, the area to be assessed, the total cost of each of such improvements, and that the proposed assessment roll is on file with the clerk and that written or oral objections will be considered. Assessments shall be payable in annual installments over the following period at the specified interest rate: a) Miscellaneous Assessments -due and payable in full in 1 year b) Assessments associated with Storm Sewer Project 97-11 and Installation of Retaining Wall Project 97-09 - 10 years at 8% c) Assessments associated with Utility Connection Charges Project 98-08 - 15 years at 8% Adopted by the City Council this 1st day of September, 1998. Char es . Redepenning, Mayor ATTEST: _ ~ Terry Obe aier, City Clerk