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AGENDA ITEM <br />Prepared By: Reviewed By: DJR Approved By: DJR <br />RJO <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />1. Purpose. To certify delinquent general accounts receivable accounts for collection with the 2020 <br />property taxes. <br /> <br />2. Background. Each year the city certifies to Hennepin County unpaid general accounts receivable in <br />the amount of $50.00 or more to be collected with the following year's taxes. In addition to the <br />outstanding amounts delinquent, an administrative fee of $25.00 is added to all accounts. Interest in the <br />amount of eight percent (8%) will be collected on the certified amounts. At t his time there is one invoice <br />in the amount of $5,250 total to be assessed. By Statute the taxpayer has 30 days in which to pay an <br />adopted assessment with no interest charges prior to it being certified to the County. <br /> <br />This invoice to be assessed is for a sewer connection fee. Normally, a connection fee is paid at the time a <br />permit is issued. However, in this case the resident requested that the city’s connection fee be assessed <br />over a period of time. The proposed assessment would be for five (5) years with an interest rate of 3%. <br />In order to allow the connection to proceed prior to the council approving a special assessment , an invoice <br />was generated for the amount of the fee. <br /> <br />The Council is being presented with two assessment options for this invoice. The first is to treat the <br />unpaid invoice as a delinquent receivable and assess it to the County for one (1) year with an interest rate <br />of 8%. In this case, the property owner will likely pay the invoice prior to the assessment deadline of <br />November 28th. The other option is to grant the request of a special assessment for the term of five (5) <br />years at an interest rate of 3%. <br /> <br />COUNCIL ACTION REQUESTED <br />Motion to approve either the attached resolution for the Collection of Delinquent General Accounts <br />Receivable, or the resolution for the special assessment of a sewer connection fee. <br /> <br /> <br /> <br />Exhibits <br />A. Resolution for the Assessment of Delinquent Service Charges <br />B. Resolution for the Assessment of a Sewer Connection Fee <br />C. Assessment Roll <br /> <br /> <br />Item No.: 11 Date: October 28, 2019 <br />Item Description: Certification of Delinquent Bills <br />Presenter: Ron Olson <br />Finance Director <br />Agenda <br />Section: <br />Public Hearing