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1997-085 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO: 97-85 RESOLUTION FOR HEARING ON PROPOSED ASSESSMENTS CERTAIN PRIVATE IMPROVEMENTS, 1997 MISCELLANEOUS SPECIAL ASSESSMENTS, 1997 ALLEY IMPROVEMENTS WHEREAS, the engineering superintendent, has prepared an assessment roll for installation of fire protection system at 10889 Excelsior Blvd., project 97-05, for alley improvements, Project 97-02, and for 1996 Miscellaneous special Assessments, and WHEREAS, the city clerk has notified the Council that such proposed assessments have been completed and filed in his office for public inspection, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HOPKINS, MINNESOTA: l.A hearing shall be held on the 7th day of October, 1997, 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. 2. 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. 3. 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. 4.Assessments shall be payable in annual installments over the following period at the specified interest rate: a) Fire protection system at 10889 Excelsior Blvd. - 10 years at 8% b) Alley improvements (Project 97-02) - 10 years at 8% c) Miscellaneous Assessments - due and payable in full in 1 year Adopted by the City Council 1997.