Yellowstone Trail 24270V
ASSESSMENT AGREEMENT
THIS AGREEMENT is made this 31St
day of
2011, by and between the City of
Shorewood (SHOREWOOD), a municipal corporation
organized under the laws of the State of Minnesota, located at
5755 Country Club Road, Shorewood, MN 55331 and Daniel, C.
Jackson (OWNER).
RECITALS
WHEREAS, the OWNER is the owner of The Real Property
located at:
242770 Y,°ilvvti stoiic TWI, Shorewood; PID 33-117-23-44-0033
(PROPERTY); and,
WHEREAS, the OWNER desires 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
OWNER as follows:
1. The OWNER represents and warrant that he is the
OWNER of the PROPERTY and that he has full legal
authority to encumber the PROPERTY and that as of the
date of the execution of this agreement, the OWNER has
fee title to the Property subject only to the liens, interests or
encumbrances of record.
2. The OWNER understands and consents to the City
certification of the Water Access Charge against the
PROPERTY in the amount of $10,000.
3. The OWNER understands and agrees 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 be paid
and collected with the ad valorem taxes at the times due as
determined by Hennepin County. Repayment shall begin
with taxes payable in 2020.
4. The OWNER agrees that the covenants, waivers and
agreements contained in this Agreement shall bind the
successors and assigns of the OWNER and shall encumber
the PROPERTY in accordance with the agreements
described herein.
5. The OWNER hereby waive notice of public hearing and
waive the public hearing required by Minnesota Statutes
§429.031 with respect to the assessment.
6. The OWNER waive his 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.
OWN
By:
CITY OF SHO
By:
Its
By:
Its
•x
STATE OF MINNESOTA
) SS:
COUNTY OF HENNEPIN
The
by
Date: 5 1
Date:
Date:
going ASSESSMENT AGREEMENT dated
O% was sworn and subscribed
in person this day of , 20L7
vi , .,0 I . I _. A ,A0✓7
If
ti L
7. The parties agree that this
OWNER
By:
CITY OF SHOREWOOD
By:
By:
STATE OF MINNESOTA )
�5:
COUNTY OF HENNEPIN)
ement shall be recorded with the Hennepin County Recorder.
The foregoing ASSESSMENT AGRENENT dated
subscribed before me in person t�is day of
STATE OF MINNESOTA )
SS:
COUNTY OF HENNEPIN )
Date:
Date: S-3% )f
Date: S 2L) 9'
Notary Public
20_ by
was sworn and
The foregoing ASSESSMENT AGREEMENT dated X ` was sworn and
subscribed before me in person thik_�L day of A114,L4 20/lby Scott Zerby, Mayor, and
by Greg Lerud, City Administrator of the City of Shore o (a Minnesota Municipal Corporation), who
are personally known to me, on behalf of the Corporation and pursuant to the authority of the City
Council.
r
Notary Pu is