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RESOLUTION NO. 2024-17 <br /> CITY OF HUGO <br /> WASHINGTON COUNTY, MINNESOTA <br /> A RESOLUTION DECLARING COST TO BE ASSESSED,AND ORDERING <br /> PREPARATION OF PROPOSED ASSESSMENT FOR PROPERTY LOCATED AT 14197 <br /> FOREST BOULEVARD NORTH <br /> WHEREAS,on May 15,2023,the City Council adopted a resolution approving an order regarding <br /> a hazardous and substandard building located at 14197 Forest Boulevard North, Hugo, MN 55038, <br /> due to a fire; <br /> WHEREAS,on October 25,2023,the Court issued an Order for demolition and stated that the cost <br /> of the demolition and expenses incurred to carry out the Order will be assessed against the property; <br /> WHEREAS, the demolition of the residence at 14197 Forest Boulevard North, Hugo, MN 55038 <br /> was completed on February 14, 2024, and the cost for such demolition and expenses incurred is <br /> $37, 676.75. <br /> WHEREAS,the property is legally described in Exhibit A. <br /> NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF HUGO,MINNESOTA: <br /> 1. The portion of the cost to be assessed against the property is declared to be$37, 676.75. <br /> 2. Assessments shall be payable over the course of 10 years, the first installment to be payable on <br /> or before the first Monday in January of 2025, and shall bear interest at the rate of 5.25 percent per <br /> annum from the date of the adoption of the assessment resolution. <br /> 3. The Finance Director shall forthwith file a copy of such proposed assessment in their office for <br /> public inspection. <br /> 4. The Finance Director shall upon the completion of such proposed assessment,notify the council <br /> thereof. <br /> This Resolution was adopted by the City Council of the City Hugo on this <br /> 6th day of May, 2024. -- <br /> yt-. <br /> om Weidt, Mayor <br /> ATTEST: <br /> Michele Lindau, City Clerk <br /> (seal) <br />