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14-096M i ' `T [17RMiil# e C RESOLUTION NO. 14 -096 A RESOLUTION ASSESSING WATER CONNECTION CHARGES AGAINST 25580 NELSINE DRIVE WHEREAS, Shorewood City Code provides for the City to specially assess water connection charges against benefitting property owners; and, WHEREAS, the City Council has received a petition for connection to the water system for the property at 25580 Nelsine Drive from the owner; and, WHEREAS, the owner have provided a waiver allowing for the assessment without an assessment hearing; and, WHEREAS, the connection has been installed by G.F. Jedlicki, Inc. at a cost of $13,725.00; and, WHEREAS, the assessable amount for the connection is the actual construction amount less the amount previously paid for water access ($13,725.00 - $5,000.00) for a total amount of $8,725.00. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: That the Hennepin County Special Assessment Division is hereby authorized to levy an assessment against 25580 Nelsine Drive, PID: 33- 117 -23 -22 -0006 in an amount of $8,725.00 for collection over 10 years, with level principal and interest payments, at an interest rate of 4.32% per annum. ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 24th day of November, 2014. I +' �" i (W, Jean Panchyshyn, City CI rk Scott $ . r-by, M RZT9