20-092 CITY OF SHOREWOOD
COUNTY OF HENNEPIN
STATE OF MINNESOTA
RESOLUTION 20-092
A RESOLUTION ALLOWING NEW WATER CUSTOMERS ON WOODSIDE ROAD,
WOODSIDE LANE, AND KATHLEEN COURT TO OPTION TO ASSESS THE WATER
ACCESS CHARGE
WHEREAS, the City of Shorewood is installing water on Woodside Road, Woodside
Lane, and Kathleen Court; and
WHEREAS, the current Water Access Charge (WAC) is $10,000,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SHOREWOOD, MINNESOTA AS FOLLOWS:
1. Those residents along these three streets who connect to city water by June 1, 2021
are eligible to have the WAC collected in the form of a special assessment against the
property.
2. The term of the assessment shall be no longer than five years and have an annual
interest rate of 5.0%
3. As a condition of allowing the WAC to be paid through a special assessment, the
property owner requesting payment via assessment will be required to sign an
assessment agreement, which will be recorded against the property.
Adopted by the City Council of Shorewood, Minnesota this 24th day of August, 2020.
Scea 7s: M. •
Attest:
Sandie Thone, Gity Clerk