24-065 Approving and Adopting a Special Assessment 5590 Harding LaneCITY OF SHOREWOOD
RESOLUTION NO.24-065
A RESOLUTION APPROVING AND ADOPTING A SPECIAL ASSESSMENT
WHEREAS, William Coldwell ("Owner") has requested that the Shorewood City Council
specially assess water access charges that affect Owners' property at 5590 Harding Lane,
Shorewood, Minnesota (PID 33-117-23-22-0033) and legally described in Exhibit A attached
hereto ("Subject Property"); and
WHEREAS, the City has received the following signed Assessment Agreement, Exhibit B
attached hereto, waiving all applicable assessment procedural requirements and requesting to be
assessed for the water access charge in the amount itemized therein for the Subject Property.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SHOREWOOD:
1. The signed Assessment Agreement is hereby accepted and approved.
2. The water access charge amounting to $10,000.00 is hereby adopted and shall
constitute a special assessment against the Subject Property and hereby made part of
this Resolution by reference and that the tract of land therein included is hereby found
to be benefited by the charge and connection to municipal water in the amount of the
assessment levied against it.
Such assessment shall be payable in equal annual installments without deferment
extending over a period of five (5) years, the first of the installments to be payable with
taxes paid in 2025 and shall bear the interest rate of 5.0% per annum.
4. The Owners, at any time prior to certification of the assessment to the County Auditor,
may pay the whole of the assessment on such property, with interest accrued to the date
of payment, to the City, except that no interest shall be charged if the entire assessment
is paid within thirty (30) days from the adoption of this Resolution; and such owner
may at any time thereafter, pay the City the entire amount of the assessment remaining
unpaid, with interest accrued to December 31 of the year in which such payment is
made. Such payment must be made before November 15 or interest will be charged
through December 31 of the next succeeding year. The Owners may also at any time
prior to November 15, of any year, pay the remaining unpaid principal balance with
interest accrued to December 31 of the year in which such prepayment is made.
5. The City Clerk shall forthwith transmit a certified duplicate of this assessment to the
County Auditor to be extended on the property tax lists of the County.
Adopted by the City Council of the City of Shorewood this 12th day of August 2024.
WoLabadie
ATTEST
Sandie Thone, City derk
Exhibit A
Legal Description
Lot 4, Block 1 of Harding Acres 2"d Addition
Exhibit B
[Assessment Agreement]