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Item No. 1 <br />MEMORANDUM <br />To: Mayor and City Council <br />From: Ron Olson, Finance Director <br />Date: April 25, 2016 <br />Subject: Hennepin County Assessing Contract <br />Beginning with the 1999 assessment year, the City has contracted with Hennepin County <br />for assessing services. The current four —year contract will expire on July 31, 2016. The <br />County would like to continue to provide assessing services to the City and has sent a <br />new four-year service agreement for our review. A copy of the proposed agreement is <br />included for your review. The cost for the 2017 contract year is $172,000. <br />In addition to the proposed agreement, the following is included with this memo: <br />includes: the annual cost from 2008 to 2016; the cost calculation sheet for 2016; and the <br />costs paid by other cities for assessing services. The annual cost information includes <br />both the original cost estimate for the year, and the actual costs. Depending on the <br />amount of construction, the annual charge can vary. The cost calculation sheet shows <br />how the annual estimated cost is calculated. For residential properties, the cost charged <br />per property increases with value. The cost calculation sheet is used by the County to <br />calculate the cost for all of their contract cities. The 2016 contract costs for the Cities <br />serviced by the County are included for your review. <br />The Hennepin County Assessor, James Atchison, is here tonight to provide the council <br />with on overview of the services provided by the County. <br />