Minnetonka Drive 5805ASSESSMENT AGREEMENT
THIS AGREEMENT is made this day of , 20B by and between the City of Shorewood
(SHOREWOOD), a municipal corporation organized nder the laws of the State of Minnesota, located at 5755
Country Club Road, Shorewood, MN 55331 and Jeffrey P. Dinsmore and Patricia J. Hauser, 5805 Minnetonka
Drive, Shorewood, MN 55331 (OWNERS).
RECITALS
WHEREAS, the OWNERS are the owner of The Real Property located at:
5805 Minnetonka Drive, Shorewood, MN 55331; PID 34-117-23-32-0005 (PROPERTY); and,
WHEREAS, the OWNERS desire to connect to the municipal water supply; and,
WHEREAS, the present Water Access Charge is $10,000,
AGREEMENT
NOW THEREFORE, pursuant to the mutual agreements provided herein, it is agreed by and between the CITY and
the OWNERS as follows:
1. The OWNERS represent and warrant that they are the OWNERS of the PROPERTY and that they have full
legal authority to encumber the PROPERTY and that as of the date of the execution of this agreement, the
OWNERS have fee title to the Property subject only to the liens, interests or encumbrances of record.
The OWNERS :understand and request to levy the Water Access Charge assessed against the PROPERTY in
th.e. am_ou.nt-of,$,1D,000.
3. The OWNERS understand and agree that SHOREWOOD will provide that the assessment is payable in ten
(10) annual installments and will bear an interest rate of zero (0.0) percent per annum. Said assessments
shall begin with taxes paid in 2020 and collected with the ad valorem taxes at the times due as
determined by Hennepin County.
4. The OWNERS agree that the covenants, waivers and agreements contained in this Agreement shall bind
the successors and assigns of the OWNERS and shall encumber the PROPERTY in accordance with the
agreements described herein.
5. The OWNERS hereby waive notice of public hearing and waive the public hearing required by Minnesota
Statutes §429.031 with respect to the assessment.
6. The OWNERS waive their rights in all respects, pursuant to Minnesota Statutes §429.081, to appeal to
district court, the levy of the water assessment charge described herein.
7. The parties agree that this Agreement shall be recorded with the Hennepin County Recorder.
OWNER
1 E �1
rA I r
•N
CITY OF SHOREWOOD
By
By
STATE OF MINNESOTA )
) SS:
COUNTY OF HENNEPIN )
Date:
Date: `"/%
Date: Y' D
Date: 8 ��
The foregoing ASSESSMENT AGREEMENT dated U.`�i �}�� was sworn and subscribed before
me in person this 1:�Nay of 20j4y
�-Ca (-
_ n NEL�U#—P CRtSWELL
WftNOTARY PUBLIC
Notary Public MINNESOTA
STATE OF M I N N ESOTA ) MY C4Mft i WM Ekes Jan. 31, 2024
) SS:
COUNTY OF HENNEPIN )
The foregoing ASSESSMENT AGREEMENT dated was sworn and subscribed before
me in person this —1 day of 20 4y Scott Zerby, Mayor, and by Greg Lerud, City
Administrator of the City of Shorewo (a Minnesota Municipal Corporation), who are personally known to me,
on behalf of the Corporation and pursuant to the authority of the City Coy ci .
`--Notary Public G
' BRENI)A!{. PRICCO
NOTARY PUBLIC - MINNESOTA
My CarnliWw E—ow Jan. 31, 2=
DRAFTED BY:
Greg Lerud
City Administrator
City of Shorewood