HomeMy WebLinkAbout1996-12 Dist. 73 LID AssessmentRESOLUTION NO. 96-12-
A RESOLUTION LEVYING SPECIAL BENEFIT ASSESSMENTS IN
THE AMOUNT OF $42,900.00 FOR PARKING LOT IMPROVEMENTS
IN LOCAL IMPROVEMENT DISTRICT NO. 73
RECITALS:
The City of Ashland has constructed a parking lot in Local Improvement District
No. 73 during 1995-96.
B. The total assessment for these improvements is in the amount of $42,900.00.
The total assessments in this district are reasonable assessments and the
assessments charged against each lot is according to the special and peculiar
benefits accruing to it from the improvements. The Council finds that the
evidence presented by the Acting Public Works Director in his memorandum of
December 22, ,1995, is convincing and accepts such evidence as the basis to
support the conclusions recited above.
Special benefit assessments should now be levied against property benefitted to
defray the expense thereof.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. The amount of the assessment to be charged against each lot within the
local improvement district according to the special and peculiar benefits accruing to
each lot for these improvements are set forth in the attached Exhibit "A".
SECTION 2. Any owner of property assessed for $100.00 or more may request the
payment be extended in the manner and under the provisions of the Bancroft Bonding
Act, if the request is made within thirty days after notice of the assessment is received.
SECTION 3. All assessments using the Bancroft Bonding Act are required to pay in
20 semi-annual installments together with interest. Interest charged will be the actual
bond sale rate plus one and one half percent (1.5%), with a maximum of twelve
percent (12%). Initially the interest rate will be set at eight percent (8%).
SECTION 4. Classification of the assessment. The assessment specified in sections
one (1) of this Resolution are classified as not subject to the limits of Section 1 lb of
Article XI of the Oregon Constitution.
This Resolution was read by title only in accordance with Ashland Municipal Code
PAGE 1-(.~:~gine. efilid\distno73.R.)
§2.04.090 duly PASSED and ADOPTED this ! day of
~tensen, City Recorde~c~r
SIGNED and APPROVED this ~ day of
~/, 1996.
Catherine M. Golden, Mayor
Reviewed as to form:
Paul Nolte, City Attorney
PAGE 2-(¢:eagic~r\lZdimo73.RCs)
FINAL REPORT
OAK KNOLL PARKING LOT IMPROVEMENTS
PHASE 2
The Oak Knoll Parldng Lot, Phase 2, Improvements, Project No. 94-19 was completed in
September, 1995. The project was a joint effort by Copeland Paving Company of Grants Pa~s,
City of Ashland Parks Department and City of Ashland Electric Department. Follovfing is a
breakdown of the costs relevant to this project:
1. ORIGINAL PUBLISHED ESTIMATE $39,000.00
(Resolution No. 95-05)
FINAL CONSTRUCTION COSTS:
a. Contract Construction
b. Landscape Costs
c. Electrical Costs
Total Final Construction Costs
$27,533.26
$3,192.75
$10,208.72
$40.934.73
3. ADMINISTRATION COSTS:
Interest @ 5.90% (to 02/28196) $781.44
Engineering (4.3 %) $1.183.83
Total Administration Costs
4. TOTAL ASSESSABLE COSTS
$42,900.00
Due to unexpectedly high electrical charges the total project cost is 10% over the published
estimate. The engineering was performed by an outside consultant and was paid by the City of
Ashland Parks Department outside the improvement district account. A total of $1,183.47 was
included in the account to recoup City engineering staff time spent on the project.
The final assessment is to a single entity as follows:
39-1E-14AD Tax Lot 6223 City of Ashland Parks Department
$42,900.00