HomeMy WebLinkAbout1998-01 Auth. Westwood LIDRESOLUTION NO. 98- ~ !
A RESOLUTION AUTHORIZING AND ORDERING THE LOCAL
IMPROVEMENTS FOR WESTWOOD STREET FROM ORCHARD STREET
SOUTHERLY 1,300 FEET FOR THE WESTWOOD STREET LOCAL
IMPROVEMENT DISTRICT AND AUTHORIZING THE ASSESSMENT OF THE
COST OF THE IMPROVEMENTS CONSISTING OF CURBS, GUTTERS,
STORM DRAINS, PAVING AND SIDEWALKS AGAINST PROPERTY TO BE
BENEFITTED AND PROVIDING THAT WARRANTS ISSUED FOR THE COST
OF THE IMPROVEMENT BE GENERAL OBLIGATIONS OF THE CITY OF
ASHLAND
RECITALS:
A. The Council has declared by resolution its intention to develop the improvements
described in the above title and in the improvement resolution previously adopted to
assess upon each lot or part of lot benefitted by the improvement its proportional
share of the cost of the improvement; and
B. Notice of such intention was duly given, a public hearing was held and it appears
to the Council that such improvements are of benefit to the City and all property to be
assessed will be benefitted to the extent of the probable amount of the respective
assessments to be levied for the costs.
THE CITY COUNCIL OF THE CITY OF ASHLAND RESOLVES:
SECTION 1. A local improvement district is created and shall consist of all the tax
lots described in the attached Exhibit 'A'. The district shall be called the Westwood
Street Local Improvement District, No. 78.
SECTION 2. The Council intends to make local improvements to provide the
improvements described in the above title. Such improvements will be in accordance
with costs estimated to be $145,900.00 all of which will be paid by special
assessments on benefitted properties. Costs will be allocated based on a percentage
of improvement and will be assessed as specified on the attached Exhibit 'A'.
SECTION 3. Warrants for the interim financing of the improvements shall bear
interest at the prevailing rates and shall constitute general obligations on the City of
Ashland and shall be issued according to the terms and conditions in ORS 287.502 to
287.515 inclusively.
SECTION 4. The assessment imposed upon benefitted properties is characterized as
an assessment for local improvement pursuant to ORS 305.583(4).
SECTION 5. The City Recorder is directed to prepare the estimated assessment of
the respective lots within the local improvement district and file it in the lien records of
the City.
PAGE 1 -(c:engineer\lid\westlid2.Res)
This resolution was read in accordance with Ashland Municipal/Code
§2.04.090 duly PASSED and ADOPTED this ~, day of ,~.,,,~'
1998.
B nser~, City Recorder
S lGNEDandAPPROVEDthis ~' day of j~,f[,,c/~
Catherine M. Golden, Mayor
,1998.
Paul Nolte, City Attorney
PAGE 2-(c:engineer~lid\westlid2.Res)
(1)
(2)
(3)
MAP & TAX LOT NO.
EXHIBIT 'A'
Westwood Street
Local Improvement District Costs
1 39-1E-08BA TL 200
2 39-1E-08BA TL 204
3 39-1E-08BA TL 205
4 39-1E-08BA TL 206
5 39-1E-08BA TL 207
6 39-1E-08BA TL 208
7 39-1E-08BA TL 209
8 39-1E-08BA TL 210
9 39-1E-08BA TL 211
10 39-1E-08BA TL 700
11 39-1E-08BA TL 800
12 39-1E-08BA TL 900
13 39-1E-08BA TL 901
14 39-1E-08BA TL 902
15 39-1E-08BA TL 903
TOTALS
Guaranteed Assessment Rate
Variable Assessment Rate
One Half (%) of this Assessment to be assumed by City
COST PERCENT OF
IMPROVEMENT
~$2,500.00 1.99%
153,500.00 2.78%
351,800.00 1.43%
351,800.00 1.43%
351,800.00 1.43%
351,800.00 1.43%
351,800.00 1.43%
153,500.00 2.78%
~$3,500.00 2.78%
153,500.00 2.78%
~$3,500.00 2.78%
154,000.00 3.18%
2518,000.00 14.30%
2570,900.00 56.30%
~$4,000.00 3.18%
$125,900.00 100.00%
SANITARY
SEWER COST
$.oo
$.oo
$.o0
$.00
$.oo
$.oo
$.oo
$.00
$.o0
$.00
$.00
$.00
$6,000.00
$14,000.00
$.00
$20,000.00
TOTAL
$2,500.00
$3,500.00
$1,800.00
$1,800.00
$1,800.00
$1,800.00
$1,800.00
$3,500.00
$3,500.00
$3,500.00
$3,500.00
$4,000.00
$24,000.00
$84,900.00
$4,000.00
$145,900.00
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