1991-060
,..-
o
o
o
CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 91-60
ADOPTION OF THE ASSESSMENT ROLL
PROJECT 90-23
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 construction of street, curb and gutter, and storm
sewer, Campbell Drive, as described in the files of the City
Clerk as Project 90-23, and has amended such proposed
assessment as it deems just,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
HOPKINS, MINNESOTA:
1. Such proposed assessment, as amended, 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 15 years, the first
of the installments to be payable' on or after the first
Monday in January, 1992, 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, 1991
until December 31, 1992. To each subsequent installment
when due shall be added interest for one year on all unpaid
installments.
3. It is hereby declared to be the intention of the
Council to reimburse itself in the futur~ 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 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,
o
o
o
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 this 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.
council of B:he:tZk:;;hiS ~:h
/N~son W. Berg, Mayor
Adopted by the City
day of May, 1991.