Glen Road 24850ASSESSMENT AGREEMENT
THIS AGREEMENT is made thiscWday of , 2(Wby 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 Joseph H. Hillstrom and Patti
Hillstrom, 24850 Glen Road, Shorewood, MN 55331 (OWNERS).
RECITALS
WHEREAS, the OWNERS are the owner of The Real Property located at: 24850 Glen Road, Shorewood,
MN 55331 PID: 33-117-23-21-0003
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.
2. The OWNERS have paid $5,000 of the $10,000 Water Access Charge. The OWNERS understand
and request the balance of the Water Access Charge be assessed against the PROPERTY in the
amount of $5,000.
3. The OWNERS understand and agree that SHOREWOOD will provide that the assessment is
payable in five (5) annual installments and will bear an interest rate of five (5.0) percent per
S"V
annum. Said assessments shall begin with taxes paid in 2023 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.
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1411 • •• ••�
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A Val
STATE OF MINNESOTA )
SS:
COUNTY OF HENNEPIN )
Date: a r --
Date:
Date: 17. 11 1 -2-I
Date:
The foregoing ASSESSMENT AGREEMENT dated �T1 7,0;- was sworn and
subscribed before me in person this day of �to JcArgr��,r , 20-1\ by _
and \ o rww
NELIA P CRISWELL
NOTARY PUBLIC
MINNESOTA
My Co nmissien Expirees Jan. 31, 2024
Notary Public
STATE OF MINNESOTA )
SS:
COUNTY OF HENNEPIN )
The foregoing ASSESSMENT AGREEMENT dated Weymiregb vsworn and
subscribed before me in person this / day of 20 Vby Jennifer Labadie, Mayor,
and by Sandie Thone, City Clerk of the City of Shorewood (a Minnesota Municipal Corporation), who are
personally known to me, on behalf of the Corporation and pursuant to/ft authority of the City Council.
• ��1�Iotar Public
BRENDA K PRICCO Y
Notary Public
Minnesota
�^ �r
My Commission Expires
,....,�,.
Jan 31, 2025
DRAFTED BY:
Greg Lerud
City Administrator
City of Shorewood